okie//@robot1234:Oil edges up ahead of OPEC meeting despite recession worries. Oil futures edged up less than 1% on Tuesday ahead of a meeting of OPEC+ producers this week that may not lead to a further boost in crude supply amid concerns a possible global recession could limit energy demand.Brent futures rose 0.5%, to settle at $100.54 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 0.6%, to settle at $94.42. Also giving oil prices a slight lift were analyst expectations that U.S. crude inventories declined by around 600,000 barrels last week.Also casting a cloud over the market were worries that U.S. Speaker of the House Nancy Pelosi’s visit to Taiwan will escalate tensions between the United States and China. Ch
Oil Dips Before OPEC+ Meets Amid Signs That Tightness Is Easing