Oil declines awaiting OPEC meeting

Oil declines awaiting OPEC meeting

The decline in world oil prices is associated with investors' uncertainty on possible results of the meeting of OPEC member and non-member countries.

As of 20:40 MSK, the price for January futures of Brent crude oil dropped 1.06%, reaching $48.38 per barrel.

The price for January futures of WTI oil dropped by 1.80% to $47.37 per barrel, RIA Novosti reports.

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