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Oil prices steadied after a smaller-than-expected US crude inventory build. OPEC+ sources said the group is likely to endorse current output levels at its February 1 meeting.
Expected steady OPEC+ supply and a smaller US stock build support crude prices, a routine market move with limited new cause.
reuters.comShariq KhanJan 25, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
