Oil prices edge higher evan as Russia says OPEC+ may ease output; Kuwait, Saudis seen striking ‘neutral zone’ pact
December 23, 2019 at 08:58 AM EST
Oil futurestilt lower on Monday, coming under early selling pressure as the reports indicated that a recent pact to curb global output by OPEC and its allies may be eased and as Kuwait and Saudi Arabia appeared close a resolution on a disputed territory, which could see fresh oil hit the market in coming months.