Oil Prices Waver as U.S. Stockpile Growth Meets OPEC+ Supply Cut Speculation Oil prices traded within a narrow range as the market balanced concerns over rising U.S. crude inventories with the anticipation that OPEC+ might prolong its supply reduction strategy. West Texas Intermediate (WTI) experienced a slight decrease, hovering around $78 per barrel, influenced by a broader risk-averse sentiment among traders. This reaction came after the Energy Information Administration reported a 4.2 million barrel increase in U.S. crude stockpiles last week, a figure that was less than half of what an industry report had previously estimated. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts UBS Warns of Potential 6.5% Fed Rate Hike Amid Enduring Inflation READ MORE Sound Money Legislation Rapidly Gaining Traction in Many US States READ MORE Oil Prices Waver Amid Economic Uncertainty and Interest Rate Speculation READ MORE Costco Offers Gold, But Reselling Proves Challenging READ MORE China's $170 Billion Gold Accumulation Stirs Taiwan Conflict Fears READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment