Brent Inches Above $108 Ahead of OPEC Meeting

Brent Inches Above $108 Ahead of OPEC Meeting

By: Latest Articles from Benzinga.com

Posted on December 12, 2012 at 08:40 AM EST

Brent crude oil climbed above $108 on Wednesday morning, ahead of an OPEC meeting that is expected to result in reduced production targets in order to compensate for waning demand in 2013. The commodity traded at $108.87 on Wednesday. OPEC will meet on Wednesday afternoon to discuss its demand outlook

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