daily Tuesday oil prices fell slightly, due to the OPEC members and non members between the delay in the specific production plan agreement, the market sentiment significantly dampened the market, the organization of Petroleum Exporting Countries (OPEC) to the limiting pessimistic outlook today oil yesterday fell trend, but due to the weakness of the dollar for oil prices provided some support, narrowed decline yesterday.
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As of the close, the United States WTI December crude oil futures fell 0.41% to $46.67 a barrel. January Brent crude oil futures fell 0.97% to $48.14 a barrel.
Market analysts on Tuesday (November 1st) said that if Saudi Arabia and other organization of Petroleum Exporting Countries (OPEC) can not explain the specific plan of production, prices will continue to fall under pressure.
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