Oil Up, OPEC+ Delays Meeting on Production Policy
By Administrator_ India Capital Sands Oil was up Wednesday morning in Asia after the OPEC+ delayed its meeting this week on production policy. Brent Oil Futures rose 0.61% to $74.73 by 10:39 PM ET (2:39 AM GMT) and Crude Oil WTI Futures jumped 0.69% to $73.48. U.S. crude oil supply data from the American Petroleum Institute showed a draw of 8.153 million for the week ending June 25. Forecasts prepared by Investing.com predicted a 4.460 million-barrel draw, while a 7.199 million-barrel draw was recorded during the previous week. Crude oil supply data from the U.S. Energy…
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