On Tuesday, oil prices were little changed as traders weighed supply cuts by the world’s biggest oil exporters against a sluggish global economic outlook. Brent crude futures were up 2 cents to $77.71 a barrel by 0945 GMT, while U.S. West Texas Intermediate crude was up 5 cents at $73.04. Top exporters Saudi Arabia and Russia boosted crude prices on Monday, with the latter announcing it would cut production again in August to help balance the market. The Organization of the Petroleum Exporting Countries, or OPEC, and its non-OPEC partners, known as OPEC+, pump about 40 percent of the world’s … Continue reading Oil Markets Juggle Supply Cuts and Economic Headwinds