1003 ET - Oil futures are a bit higher after a four-session rout carried them to six-month lows on prospects of higher OPEC+ output, tariff concerns and a large build in U.S. crude stocks. "Still, crude oil storage remains well below the five-year averages and OPEC may be slow to raise production given the latest selloff in prices," Dennis Kissler of BOK Financial says in a note. And while moves are afoot for a meeting between President Trump and Russia's Vladimir Putin, a peace deal to end the Russia-Ukraine war "could be many months away," he adds. WTI is up 0.6% at $66.72 a barrel, and Brent is up 0.4% at $69.57 a barrel. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
March 06, 2025 10:03 ET (15:03 GMT)
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