London, SANA–Oil prices saw a modest uptick during Wednesday trading session, marking the second consecutive day of gains amid anticipation surrounding upcoming decisions by OPEC+ member states.
According to Reuters, Brent crude rose by five cents to reach $67.16 per barrel, while U.S. West Texas Intermediate (WTI) crude held steady at $65.45 per barrel.
Market expectations are growing that the eight OPEC+ countries will accelerate the phased rollback of their voluntary production cuts—totaling 2.2 million barrels—by adding 411,000 barrels per day starting in August.
Etemad/Manar Salameh
