Brent Breaks Back Above $80 as OPEC+ Meeting Looms
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Brent climbed back above $80 on Tuesday as storms disrupted oil and product exports from Russia’s Novorossiysk port, but it is U.S. inventories and the upcoming OPEC+ meeting that will drive oil price movements this week.Chart of the Week- This year’s Thanksgiving has recorded the busiest air traffic day ever according to the US Transportation Security Administration, with more than 2.9 million people traveling through the country’s airports.- Returning jet fuel demand has been a hallmark of this year’s crude oil demand,…
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