# Oil prices steady after smaller-than-expected U.S. crude build | Reuters

> 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.

- Date: 2023-01-25 · published 2023-01-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37692-oil-prices-steady-after-smaller-than-expected-u-s-crude-build-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expected steady OPEC+ supply and a smaller US stock build support crude prices, a routine market move with limited new cause.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/oil-rebounds-china-demand-recovery-optimism-supports-prices-2023-01-25/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.