After yesterday’s rally, the benchmark Crude WTI is down 0.43% to $86.15 today at 5.16 a.m. EST ahead of the key OPEC+ meet today. The consortium is possibly weighing a production cut of about 2 million barrels a day, a figure that may sound daunting but may not have a substantial impact in an already weak macro environment. While U.S. stocks of oil declined by almost 1.8 million barrels in the week ended September 30, numbers from the U.S. Energy Information Administration today also remains a key figure to keep an eye on.   U.S. natural gas too is down 1.93% to $6.
https://www.tipranks.com/news/oil-trending-lower-as-opec-meet-draws-closer?utm_source=advfn.com&utm_medium=referral
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