• API data shows fall in US crude stocks
  • China Fuel Demand Optimism, Economic Outlook Obvious
  • The IEA expects Russian crude oil production to fall by 2 million bpd by March
  • Virtual OPEC+ meeting signals potentially limited policy shift

LONDON, Nov 30 (Reuters) – Oil prices rose by over $2 on Wednesday on signs of tighter supply, a weaker dollar and optimism about a recovery in demand in China.

But the probability that OPEC+ leaves the output unchanged at its forthcoming meeting limited gains.

Brent Crude Oil Futures…



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