By Shadia Nasralla
LONDON (Reuters) - Oil prices inched down on Tuesday as investors awaited direction from OPEC and its allies after the producers postponed a formal meeting to decide whether to lift output from January.
Brent crude was down 19 cents at $47.
69 a barrel by 1430 GMT and West Texas Intermediate was down 36 cents at $44.98.
Both contracts have surged around 27% in November, pushed up by hopes that COVID-19 vaccines would boost the global economy and fuel demand, and aided by expectations that oil producers would.....