Oil settles flat as unease builds ahead of OPEC meetingOil prices settled nearly flat on Thursday, the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped reduce the global crude glut. “Compliance looks to be a bit of an issue” if prices rise much from current levels, said John Kilduff, partner at Again Capital LLC in New York. U.S. crude futures dipped 14 cents, or 0.3 percent, to settle at $50.55 a barrel.

Read More At Article Source | Article Attribution