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Oil logs modest gain ahead of OPEC+ meeting

Oil logs modest gain ahead of OPEC+ meeting
William Watts
Tue, August 2, 2022 at 2:39 PM
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CL=F
-0.89%

Oil futures ended modestly higher Tuesday, trimming a larger intraday gain, ahead of a meeting of OPEC+ members that's not expected to see a large increase in output. West Texas Intermediate crude for September delivery rose 53 cents, or 0.6%, to close at $94.42 a barrel on the New York Mercantile Exchange.