WTI crude oil price initially rallied following a deal among oil-producing countries to reduce supply. However, the commodity quickly gave up its gains as market participants quickly realized that production cuts may not be enough to sustain crude oil price. What's next?

WTI crude oil price is little changed despite the US EIA weekly crude oil inventories showing a massive build in commercial oil held in storage.

WTI crude oil price is consolidating ahead of the meeting between Saudi Arabia and Russia. Technicals suggest a potential rally ahead of the event.