Expected production increases next year will likely keep oil prices under pressure over 12 months, potentially taking Brent crude below $70 a barrel, Lombard Odier said.

Oil was little changed as trading thinned before the US Thanksgiving holiday, with the focus on this weekend’s OPEC+ meeting.

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Natural Gas (NG) is trading at $3.41, down 0.47% on the day, with the price hovering around a crucial pivot level. This level ...