WTI crude near a $70.76 pivot, with potential gains if it breaks higher; key support at $69.67 offers stability.

WTI crude oil futures climbed toward $71 per barrel, marking a fourth consecutive session of gains as OPEC+ postponed December production adjustments to help stabilize prices. The decision aims to counter market oversupply risks amid uncertain demand growth.

Heightened geopolitical tensions in the Middle East have added upward pressure on oil, raising concerns over potential disruptions to energy infrastructure in the region.