Oil prices rose early on Wednesday after an industry report showed on Tuesday that the crude stocks at the key Cushing hub fell further and OPEC+ somewhat eased fears of an imminent glut with a planned modest increase in output. As of 8:05 a.m. EDT on Wednesday, WTI Crude prices were up by 1.44% at $62.62, while the front-month Brent Crude futures traded 1.42$66.38. Cushing, Oklahoma, is the physical delivery spot for oil bought and sold in West Texas Intermediate futures contracts. The Amer ...