Top Oil News Brief/Roundup to 16th November 2016…..
The price of OPEC basket of fourteen crudes stood at $41.84 a barrel on Tuesday, compared with $40.94 the previous day, according to OPEC Secretariat calculations
Oil prices fell to three-month lows on Monday on market speculation that OPEC would not be able to follow through on its pledge to cut production at its Nov. 30 meeting. Higher U.S. crude inventories and a strong dollar also a factor.
Russia has scheduled informal talks in Doha this week with nations including Saudi Arabia.
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