Oil Prices Slip as OPEC+ Meeting Looms

Oil prices are slipping as investors await a crucial OPEC+ meeting this weekend, where key members will discuss potentially boosting oil production and unwinding output cuts made during the pandemic. A surprise increase in U.S. crude stockpiles adds to the uncertainty, while President Trump's call for Europe to boycott Russian oil could trigger a price surge, setting the stage for a volatile oil market. Hosted on Acast. See acast.com/privacy for more information.