Oil prices dip ahead of Opec+ talks and jump in US crude stocks
US crude inventories surge by more than 21-million barrels as Opec+ mulls keeping supply cuts into April
04 March 2021 - 12:11
London — Oil prices dipped on Thursday ahead of talks between oil cartel Opec and its allied producers (Opec+) on whether to ease production cuts and after a record jump in US crude oil stocks after Texan refinery outages.
Brent crude futures fell 23c, or 0.3%, to $63.84 a barrel by 9.27am GMT. US West Texas Intermediate (WTI) crude futures dropped 31c, or 0.5% to $60.97...
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