The Sunday Mail
Oil prices were flat to weaker on Wednesday ahead of a meeting of OPEC+ producers, stabilising after a drop of 1 percent in early trade amid fears that a slowdown in global growth would hit fuel demand.
Brent crude futures were last down 3 cents, or 0.03 percent, at $100.51 a barrel at 0603 GMT. West Texas Intermediate (WTI) crude futures were flat at $94.42 a barrel.
The Organization of the Petroleum Exporting Countries and allies including Russia, together known as OPEC+, meet on Wednesday. OPEC+ sources told Reuters last week that the group would likely keep output unchanged in September, or raise it slightly. – Reuters
