US tariffs and OPEC+’s unexpected 548,000 bpd August output hike are pressuring crude prices, with Brent at $69.37. Nikunj Dalmia sees short-term volatility but expects demand resilience in India.

Every Wednesday morning, energy traders look to federal data for hints about the direction of oil prices. Growing U.S. crude stockpiles suggest the market has ample supplies—a good time to sell—while ...