Oil prices stabilize, Wall Street expects OPEC+ to extend cuts

News Snapshot:

Crude oil futures (CL=F, BZ=F) stabilize on a surprise inventory drop. Yahoo Finance Senior Reporter Ines Ferré joins Catalysts to discuss oil price trends seen in May so far as Wall Street anticipates OPEC+ to extend its production cuts. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan. Video Transcript Our oil prices edging higher as a bigger draw down in inventories in the US and Chinese import data help support crude in today's trade.Yahoo finances in S a has more on that...