Oil near 4-mth low after OPEC+ supply plan, US stock build

 



In Asia on Wednesday, oil prices remained close to four-month lows as investors processed an OPEC+ resolution to increase supply later this year and reacted to a rise in U.S. crude and fuel inventories. Brent crude futures saw a slight increase of 4 cents, reaching $77.56 a barrel by 0307 GMT, while U.S. West Texas Intermediate crude futures remained unchanged at $73.25 a barrel.

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