Oil prices fall as market awaits G20, OPEC meeting
Seoul: Oil prices eased on Friday in a cautious market, as traders eyed a scheduled meeting between US President Donald Trump and Chinese President Xi Jinping at the G20 summit and next week’s OPEC meeting.
Brent crude futures were down 39 cents, or 0.6%, at $66.16 per barrel by 0245 GMT.
US West Texas Intermediate (WTI) crude futures were down 40 cents, or 0.7%, at $59.03 a barrel.
The leaders of the G20 countries meet on Friday and Saturday in Osaka, Japan, but the most anticipated meeting is between Trump and Xi on Saturday.
