Oil Edges Lower on Signs of Rising Stockpiles, OPEC+ Uncertainty
Oil Edges Lower on Signs of Rising Stockpiles, OPEC+ Uncertainty
Oil slipped for a fourth day after an industry report pointed to a bigger-than-expected increase in U.S. crude stockpiles before a fractured OPEC+ gathers on Thursday to deliberate on its production policy.Futures slid 0.3% after falling 2.5% the past three days. The American Petroleum Institute reported crude inventories rose by 4.15 million barrels last week, according