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| Commodity News |
| HeadLine : |
Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation |
| Date : |
Dec 2 2016 |
Oil prices slipped on Friday as some investors opted to cash out after Brent touched 16-month a high on Thursday, with optimism over this week's OPEC-Russia accord on cutting output giving way to questions on the "sticking point" of implementing the deal.
Brent and WTI futures had jumped more than 10 percent since Wednesday's agreement by OPEC members and Russia to reduce crude production by a combined 1.5 million barrels per day.
Source: Investing.com
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