Oil prices inched up in early trade on Thursday, clawing back some of the previous session’s big losses after an OPEC+ panel maintained oil output cuts to keep supply tight amid concern about a looming slump in global economic growth.
Brent crude oil futures were up 11 cents to $85.92 a barrel while U.S. West Texas Intermediate crude (WTI) rose 7 cents to $84.29 at 0040 GMT.
