Note

Oil news and market movers: OPEC report to be a blank

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  • The monthly OPEC report is due Tuesday near 12:00 GMT. 
  • Several markets and asset classes are closed or trading at low volumes for this Monday on Veteran’s Day.
  • Saudi Aramco reportedly will only sell around 36 million barrels of contractual supplies for December, against 42 million barrels in November, Reuters reports. 
  • Russian officials and business executives have held talks about merging the country’s biggest Oil companies into a single producer, the Wall Street Journal reported.

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