Oil headed for a fourth monthly loss, as traders looked ahead to an OPEC+ meeting this weekend and gauged how a potential Ukraine peace deal may impact an oversupplied market. Brent steadied above $63 a barrel, after a modest advance on Thursday, as an outage on the Chicago Mercantile Exchange caused disruptions to markets across equities, foreign exchange, bonds and commodities. Bloomberg’s Will Kennedy reports.
Oil Prices Are Heading for Another Monthly Drop