“Oil prices have traded in a narrow range thus far this week, with investors assessing the likelihood of OPEC+ succumbing to pressure to add more crude to global oil markets as well as deliberations from the Federal Reserve policy meeting,” said Ehsan Khoman, head of emerging markets research at MUFG.Ĭiti analysts said that OPEC+ is likely to stick to current policy despite pressure from oil importers. This advertisement has not loaded yet, but your article continues below.