OPEC ‘stuck between a rock and a hard place’ as planned meeting delayed (NYSEARCA:XLE)

The Energy Select Sector SPDR® Fund ETF (XLE), USO

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years. — SlavkoSereda/iStock via Getty Images

Crude oil futures fell Friday after a ceasefire agreement between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict, and as speculation rose around OPEC’s production plans.

Israel and Lebanon accused each

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OPEC ‘stuck between a rock and a hard place’ as planned meeting delayed (NYSEARCA:XLE)

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