Crude oil slips after Saudi, Venezuela meeting on prices yields little

Crude oil futures were mixed in early Asian trade on Monday after a meeting between OPEC producers Saudi Arabia and Venezuela to discuss coordination on prices ended with few signs there would be steps taken to boost prices.

Brent crude futures, the global benchmark was down 9 cents at $33.97 at 0039 GMT. They fell 40 cents to $34.06 a barrel on Friday.

U.S. crude futures were down 2 cents at $30.87. On Friday, the contract fell 83 cents to $30.89 a barrel.

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Posted in: Indian Market Tips