RTRS: Crude futures end flat ahead of OPEC meeting
By Moming Zhou
NEW YORK (MarketWatch) -- Crude-oil futures erased earlier losses, ending Friday's trading just one cent lower as members of the Organization of the Petroleum Exporting Countries sent mixed signals on whether they will cut production at Saturday's meeting. Crude for December delivery closed at $54.43 a barrel on the New York Mercantile Exchange. It slumped 6% earlier to as low as $51.12. Floor trading closed one hour early in a shortened session after Thanksgiving. In after-hour electronic trading, crude rose 2%.
