Crude oil extended gains ahead of OPEC+ meeting

International benchmarks for crude oil continue to move higher on Wednesday, 30 June 2021 ahead of the OPEC+ meeting while US crude inventories fell for the sixth straight week as a result of increased refining activities.

Brent for August settlement rose 37 cents to $75.13/barrel. The contract expired on Wednesday.

WTI climbed 49 cents to $73.47/barrel.