Brent little changed as investors zoom in on Russia-Ukraine talks, OPEC+

Brent crude oil futures were little changed on Friday as investors eyed the progress of the Russia-Ukraine peace talks and the outcome of the OPEC+ meeting on Sunday for clues on potential changes in supply which has been weighing on prices. Front month Brent crude futures , which expire on Friday, was unchanged at $63.34 a barrel by 0134 GMT in thin trade after settling up 21 cents on Thursday. The more-active February contract was at $62.85, down 2 cents. U.S. West Texas Intermediate crude was at $59.00 a barrel, up 35 cents, or 0.60%. There was no settlement on Thursday due to the Thanksgiving holiday in the U.S. Both contracts are headed for a fourth straight monthly loss, the longest losing streak since 2023, as rising global supply weigh on prices.