OIL PRICE: NOT BELOW $47
REUTERS - NOVEMBER 27, 2020 - Oil prices were lower on Friday in quiet trade due to the U.S. Thanksgiving holiday, dropping amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic.
Brent crude was down by 10 cents at $47.70 by 0602 GMT, having fallen 1.7% overnight. West Texas Intermediate was down by 86 cents, or 1.9%, at $44.85. U.S. crude prices did not settle on Thursday due to the holiday.
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