WTI heads for longest one-month decline

Source: Bloomberg
West Texas Intermediate crude is set for a third straight month of losses, the longest streak of declines in approximately five years, on increasing OPEC exports and growing supplies in the U.S. WTI Futures advanced 0.6% in New York after declining 1.5% on November 27, while WTI crude oil for January delivery traded at $92.76 a barrel, it is up 46 cents from yesterday close. However, prices have fallen 3.7% in November.

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