OPEC is contemplating ways to scale back and forth in crude futures. January crude oil trading on the New York Mercantile Exchange was down 6.4% at $ 51.15, as WSJ said the Saudi-led Organization of the Petroleum Exporting Countries is moving towards a compromise that would lower its demand for President Donald Trump's demands to keep prices lower , OPEC and other major producers set for Dec. 6. WSJ writes, citing people familiar, that in a clandestine crude cut, OPEC "would announce plans to retain current output targets, first set in 2016. That move would be a production pullback because Saudi Arabia is overproducing by nearly one million barrels a Oil trading is due to settle early in post-Thanksgiving trading at 1
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