Oil prices slip as markets await U.S.–China deal and OPEC+ supply update

Oil futures edged lower as investors assessed the potential impact of the U.S.–China trade truce and upcoming supply changes from OPEC+. Brent crude dipped about 0.5% to US$64.59 a barrel, amid signs that supply additions and weak demand could balance out bullish trade-deal hopes. A modest U.S. inventory draw provided some support, but caution on global growth and trade helped restrain upside.