USA: Oil up 2% on supply worries ahead of OPEC+ meeting
NEW YORK, Aug 2 (Reuters) - Oil futures rose about 2% on Tuesday as traders worried that this week's meeting of OPEC+ producers may not lead to a further boost in crude supply.
The Organization of the Petroleum Exporting Countries and allies including Russia, known as OPEC+, meet on Wednesday. Two of eight sources said a modest output hike would be discussed. The rest said a boost was unlikely.
OPEC+ trimmed its forecast for an oil market surplus this yearby 200,000 barrels per day (bpd) to 800,000 bpd, three delegates told Reuters. [nL1N2ZE104]