Oil steadied ahead of an OPEC+ review of the global crude market and a weekly update of US stockpiles.

West Texas Intermediate was little changed above $89 a barrel, after the US benchmark swung by more than $2.50 a barrel on Tuesday before ending modestly higher. The alliance’s Joint Ministerial Monitoring Committee convenes online later Wednesday, but delegates don’t expect the body to recommend any change in policy as Saudi Arabia and Russia lead output curbs.

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Oil Steadies Ahead of OPEC+ Review and US Stockpiles Update