Oil prices are broadly flat on the day, retreating further away from $70, as traders brace for OPEC+ decision on supply cuts. OPEC+ needs to overdeliver on market expectations in order to prevent Oil ...
Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rise by 112,000 barrels, according to API data, after falling by 734 ...