
Oil prices head higher as production cut is still pending
Traders continue to wonder if OPEC countries will be able to reach an agreement on a cap for oil output.
The official OPEC meeting is scheduled for November 30.
The OPEC technical committee had a two-day meeting that was decisive for the production of crude oil.
On the meeting that ended Tuesday, the members decided what next week`s gathering will debate. Most likely, problems like crude oil production cuts will be discussed.
The OPEC technical committee will debate these crude oil production cuts for all its members except Nigeria and Libya.
The only question is: Will Iran and Iraq be willing to participate in this reductions?
Meanwhile, data activity of USA`s oil drillers increased because of the Thanksgiving day. Brent oil gained 0.29% and U.S. crude oil futures rose by 0.27%.
Citigroup Inc. is to pay $25 million amends
Citigroup accepted to pay the amends without denying the accusation
Netflix added 7.1 million new subscribers
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Oil prices increased on Thursday
In recent trading session the oil prices went at their lowest point
The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday
On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy
Gold prices tumbled on Thursday, during the European morning trade
The gold prices dropped below $1.200
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