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All Eyes on OPEC+ Ahead of February Meeting

All Eyes on OPEC+ Ahead of February Meeting

Crude oil prices remain under pressure this week as rising U.S. stockpiles and escalating trade tensions weigh on sentiment. A larger-than-expected build in crude inventories has reinforced demand concerns, while uncertainty over potential U.S. tariffs on Canadian and Mexican crude is adding to market volatility. Geopolitical factors, including fresh U.S. sanctions on Russian oil and the upcoming OPEC+ meeting, are also influencing price action. Traders remain cautious as supply and demand signals diverge, keeping the market on edge. U.S. Crude…

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