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Market Outlook: FTSE bounces after soggy start for equities, oil choppy ahead of OPEC+, G4S, Lloyds Banking & more

Market Outlook: FTSE bounces after soggy start for equities, oil choppy ahead of OPEC+, G4S, Lloyds Banking & more

Crude markets are nervy ahead of the two-day OPEC+ meeting kicking off in Vienna today. Futures traded lower after an informal meeting on Sunday failed to reach agreement ahead of the main ministerial event. Crude oil prices have risen sharply through November on vaccine hopes that have spurred equity markets to their best month ever. However, near-term demand concerns over the winter still have the potential to weigh on pricing.  

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