Brent dips far below $100/b threshold

04.08.2022

Oil prices inched up on Wednesday, erasing earlier losses, as the OPEC+ producer group was set for a small output increase of 100,000 barrels per day, a document seen by Reuters showed, dashing U.S. hopes of a meaningful supply boost.

Brent crude futures were up 78 cents, or 0.8%, at $101.32 a...