# Oil settles up 2%; focus on OPEC+, storm-hit Kazakh output | Reuters

> Oil prices jumped on Nov 28, with Brent settling up 2.1% at $81.68 and WTI up 2.1% at $76.41. The move focused on OPEC+ talks and storm-hit output in Kazakhstan.

- Date: 2023-11-28 · published 2023-11-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/33336-oil-settles-up-2-focus-on-opec-storm-hit-kazakh-output-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A storm-related supply disruption and OPEC+ uncertainty support crude prices, which lifts diesel and biofuel input costs for feed producers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-track-snap-losing-streak-hopes-further-opec-cuts-2023-11-28/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.