WTI Rebounds From Overnight Dip But ‘Drill, Baby, Drill’ Remains Elusive | ZeroHedge
Oil prices are marginally lower this morning after four straight sessions of gains driven by tariff optimism, following a bigger than expected build in crude stocks reported by API overnight.
The rise in stocks comes as OPEC+ readies to add another 411,000 barrel per day tranche of supply to the market as it unwinds 2.2-million barrels per day of voluntary production cuts. (more…)