Futures Movers: Oil prices fall for 5th straight week as traders look ahead to delayed OPEC+ meeting

Oil futures fell Friday, dropping for a fifth straight week as investors awaited a delayed meeting of OPEC+ members next week.

Price action

Market drivers

The decline left WTI with a 0.7% weekly loss, while Brent lost less than 0.1%. It was the fifth straight weekly decline for both benchmarks based on front-month contracts, according to Dow Jones Market Data.

Oil…