0947 ET - Crude futures are lower but on track to end a choppy trading week with gains. "Crude found support this week from an expectation that OPEC+ will delay its production cut once again, in light of crude prices remaining below $80 a barrel," Alex Hodes of StoneX says in a note. "The market will digest what OPEC's next move is and if they extend production cuts from April to May, we could see more support, but in the meantime, it looks like WTI is fading," he adds. WTI is off 1.3% at $71.54 a barrel and Brent is down 1.1% at $75.63 a barrel. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
February 21, 2025 09:47 ET (14:47 GMT)
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