WTI futures traded around $71.26 per barrel, as of 9 a.m. ET. That’s an increase of 0.79% in the last 24 hours.

Oil prices eased slightly on Tuesday as markets braced for uncertainties from the U.S. presidential election, after rising more than 2% in the past session as OPEC+ delayed plans to hike production in December and eased supply concerns. Brent crude futures ...

Crude oil prices continued their recent downward trend as geopolitical risks eased during the weekend. The West Texas Intermediate (WTI) crashed by 4.35% to $68.50, while Brent, the global benchmark,

Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.