Oil gains as OPEC+ curbs output, easing oversupply concerns
Oil prices edged higher in early trade on Wednesday as markets started to brush off oversupply fear for the time being, having digested a decision by OPEC+ to restrain November production increases. Brent crude futures was up 40 cents, or 0.6%, to $65.85 a barrel. US West Texas Intermediate crude climbed 44 cents, or 0.7%, to $62.17.