Oil prices head for weekly drop as Middle East fears ease, OPEC+ delays meeting - MarketWatch
1. Oil prices are pressured by the cease-fire between Israel and Hezbollah. 2. OPEC+ postponed a key meeting to December 5, impacting crude direction. 3. Speculation arises about OPEC+'s ability to formulate a joint production strategy. 4. Production cuts may be delayed further to avoid oversupply issues.