MCX Crude Oil Tips Today: Oil prices rose on Friday, on track to post big gains for the week, on worries about near term supply disruptions as energy companies began shutting in production in the Gulf of Mexico ahead of a potential hurricane forecast to hit on the weekend.
Crude oil markets
Opec and Russia Reach Deal to Cut oil Production by 10m Barrels a Day
Opec and Russia agreed on Thursday to make deep cuts to oil production, ending a weeks-long market-share war that put further pressure on prices already reeling from the biggest demand collapse in history.
Crude Just had its Worst Month in a Decade, and its Next Move Depends on Saudi Arabia and Trump
West Texas Intermediate, or U.S. crude, lost 21 percent in November, tumbling to its lowest level in a year and logging its worst performance since October 2008.