Oil slightly higher as OPEC+ awaited, Black Sea storm disrupts supply

TOKYO/SINGAPORE: Oil edged higher on Wednesday as investors turned cautious ahead of a crucial OPEC+ meeting to decide output policy in the coming months, while a supply disruption caused by a storm in the Black Sea provided a lift for prices.

Brent crude futures climbed 3 cents to $81.71 a barrel at 0625 GMT. U.S. West Texas Intermediate (WTI) crude futures gained 17 cents, or 0.2%, at $76.58 a barrel.