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Oil slips on buildup in US gasoline stocks; eyes on weekend OPEC+...

Oil prices slipped on Thursday after a surprise increase in US gasoline inventories, with investors awaiting the OPEC+ meeting this weekend. Brent crude futures fell by 0.2% to $72.69 per barrel, while US West Texas Intermediate crude futures also dropped 0.2% to $68.58 a barrel. US gasoline stocks rose by 3.3 million barrels, countering expectations for a small draw in fuel stocks. OPEC+ is expected to discuss a further delay to a planned oil output hike that was due to start in January.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14135543/Oil-slips-buildup-US-gasoline-stocks-eyes-weekend-OPEC-meeting.html
Source Id: 8432482531

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