Crude oil futures fell as the dollar strengthened versus major rivals.
Oil is little changed since Donald Trump’s upset victory over Hillary Clinton Tuesday night.
Traders are keeping a close eye on developments regarding OPEC and its plan to curb supplies along with Russia.
Rttnews says that Iran has balked at being part of the deal, as it seeks to boost market share in the aftermath of heavy sanctions.
WTI light sweet crude oil was down 44 cents at $44.83.
Yesterday, EIA data showed U.S. oil stockpiles rose sharply for second week.
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