Oil prices settle lower as OPEC+ delays meeting amid reported infighting


Oil futures ended lower Wednesday, but off the session’s worst levels, after reports said the Organization of the Petroleum Exporting Countries and its allies delayed a meeting previously set for Sunday amid a dispute over production levels.

The Energy Information Administration reported weekly gains in U.S. crude and gasoline inventories which contributed to pressure on oil prices ahead of the U.S. Thanksgiving trading holiday Thursday.

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