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Crude oil adds to losses as OPEC+’s extended output cuts leave market indifferent

Dec. 06, 2024 6:50 PM ETThe Energy Select Sector SPDR® Fund ETF (XLE), USOUCO, APA, OXY, DVN, LEU, CVX, TK, UL, KEP, DBO, UNG, EDN, FCG, TPL, TAC, USL, SCO, UNL, BNO, AMTX, CTGO, BOIL, KOLD, GUSH, DRIP, USOI, NINE, SGML, KLXE, NFE, CO1:COM, NG1:COM, CL1:COM, SMR, PPTA, SOC, NPWR, WAVE, ACDC, ASPI, ICONBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil futures fell on Friday end tallied losses for the week, a day after the decision by OPEC and its allies to further postpone a planned reversal of production cuts failed to ease the outlook for a crude surplus.

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