Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0846 GMT – Oil markets are likely to be relatively muted due to the Thanksgiving holiday in the U.S., ING’s Warren Patterson and Ewa Manthey write. Brent crude and WTI are both down 0.1% to $62.46 and $58.59 a barrel, respectively. “Hopes for a Russia-Ukraine peace deal and a broader risk-on move in markets are keeping crude oil prices fairly rangebound,” they write. The analysts expect OPEC+ to keep group production unchanged when it meets over the weekend. Overall, the market fundamentals remain similar to when the group met last, they add. (adam.whittaker@wsj.com)