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 "US Taxpayers Owe $3/4 Million Each, It's the Biggest Banana Republic of All" – Mike Maloney READ MORE Gold Surges to New High Amid Rising Haven Demand READ MORE Biden Administration Cancels $6.1 Billion in Student Debt for 317,000 Amid Fraud Claims READ MORE Gold's Unprecedented Surge: Beyond Geopolitical Turmoil READ MORE From Hawkish to Hesitant: BOJ's Rate Hike Sparks Market Meltdown READ MORE Add a Comment Cancel replyYour email address will not be published.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