Oil falls ahead of US inventory data, OPEC + meeting

Oil falls ahead of US inventory data, OPEC + meeting
Oil falls ahead of US inventory data, OPEC + meeting

Oil prices gave up initial gains and turned lower, with global benchmark Brent crude falling to $84 a barrel in volatile trading on Tuesday, ahead of weekly reports on US supplies expected to show an increase in crude inventories and the OPEC+ meeting on Thursday. Brent contracts were down 0.45 percent at $84.33 a barrel, after falling earlier by more than one percent to $83.76.

US West Texas Intermediate crude contracts fell 0.40% to $83.69 a barrel, after recording earlier at $83.02.

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