Mumbai, July 2 -- WTI crude oil futures hovered near $65 on Wednesday, staying flat as traders awaited OPEC+'s output decision. The group is poised to raise production in August, lifting this year's total addition to 1.78 million bpd. API data showed a surprise build in US inventories, ending a month-long drawdown streak. On MCX, July crude traded steady around Rs.5616 per barrel. Market sentiment remains cautious amid easing Middle East tensions and lingering uncertainty over potential US tariffs post the July 9 deadline. Weak global demand indicators and China's mixed economic signals are also weighing on the outlook.
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