Comment on Futures Movers: Oil edges up as traders weigh uncertainty over next move for OPEC+ and a forecast for a weekly U.S. supply decli

Futures Movers: Oil edges up as traders weigh uncertainty over next move for OPEC+ and a forecast for a weekly U.S. supply decli

Oil futures give up earlier losses to turn a bit higher on Tuesday, as traders weigh uncertainty over the next move for OPEC+ on production levels and a forecast for weekly decline in U.S. supplies. Mounting tensions between the U.S. and China, as well as a continued rise in COVID-19 infections in the U.S.

 

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