Oil prices settled higher Dec. 3 after an OPEC+ meeting ended with a compromise deal that would see production rising incrementally after December. Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX January WTI settled 36 cents higher at $45.64/b, while ICE February Brent was up 46 cents at $48.71/b. Unable to agree on a long-term production plan, OPEC and its partners will set output levels month to month, aiming to release crude gradually onto the market without tipping it into a supply glut during an uncertain recovery from the pandemic, ministers said Dec. 3. Front-month ICE Brent last settled higher March 5, while WTI finished just under its most recent high seen Nov. 25. RELATED: […]