Crude Oil prices are expected to trade higher today

On Thursday, the U.S. markets were closed on account of Thanks giving holiday which led to a muted trading session. Markets will have a keen watch on the upcoming OPEC+ meeting for cues on their approach in the coming months.

WTI trade volumes lower ahead of the US Thanksgiving holiday, while U.S. crude stocks swelled by 1.6 million barrels last week as production hit a record high at 12.9 million barrels per day and refinery runs slowed. Tensions rising between U.S. & China further dampen the demand prospects for Crude and pushed the prices lower.

Solo Oil PLC (LON:SOLO) is an investment company with the target of acquiring a diverse global portfolio of direct and indirect interests in exploration, development and production oil and gas assets, both on-shore and off-shore.

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