SINGAPORE: Crude prices dipped in Asia on Tuesday but held above $40 as traders looked forward to a summit of key oil producers next week to discuss freezing output and easing the supply glut.
Analysts said prices were expected to see-saw ahead of Sunday’s meeting in the Qatari capital Doha that will gather both Organization of the Petroleum Exporting Countries (OPEC) producers led by Saudi Arabia and non-OPEC members such as Russia.
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