Oil prices dip after surprise U.S. stock build as Brent, WTI juggle Iran talks and OPEC+ supply
U.S. crude inventories rose by 16 million barrels last week, sending Brent down 0.2% to $70.65 and WTI down 0.4% to $65.37. Traders weighed the surprise stock build against Middle East tensions and upcoming U.S.-Iran talks. OPEC+ will meet March 1 to decide on April output, with sources indicating a possible increase.