Oil prices stay steady near the flat line in early Asia on Friday, although the commodity is set to register weekly gains on the back of broad weakness in the dollar and expectations of improving demand from top importer China. Shanghai, Guangzhou and a few other cities are lifting some quarantines despite rising case numbers amid reports that Sun Chunlan, Chinas vice-premier, announced that the nation may be ready to amend its Zero-Covid policy. Meanwhile, investors await an OPEC+ meeting on December 4th amid recent speculation of more production cuts. WTI crude oil futures are currently quoting marginally up at $81.25 per barrel. Powered by Commodity Insights
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