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Oil Steadies as Traders Focus on EU Trade Talks, OPEC+ Meeting

Bloomberg.com · last updated

Oil was steady as the market weighed the prospect for easing trade tensions between the European Union and the US ahead of an OPEC+ meeting that will make a decision on supply policy.

Brent traded below $65 a barrel after a quiet session on Monday due to holidays in London and New York, while West Texas Intermediate was near $61. Brussels has agreed to accelerate trade talks with the US, just days after criticism from President Donald Trump.

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