Brent crude price clings to $68 as OPEC+ April supply talk collides with U.S. inflation
Brent crude hovered near $68 a barrel Friday after a sharp drop, with traders watching for a possible OPEC+ supply hike and digesting weaker demand forecasts from the IEA. U.S. crude inventories rose by 8.5 million barrels last week. The U.S. eased some oil sanctions on Venezuela, granting licenses to major firms. Peace talks on Ukraine are set for next week, according to the Kremlin.