Brent crude climbed above $87 as Middle East tensions intensified, US crude inventories fell and expectations grew that OPEC+ may pause output hikes.

Oil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases starting in October, supporting prices. …

Oil prices rebounded sharply on Wednesday, reversing part of the previous session's steep decline, as renewed tensions in the Middle East reignited concerns over global crude…

Crude oil futures rise sharply after US-Saudi strikes on Iran-backed targets heighten supply disruption risks in the region.