0903 GMT – Oil prices are edging higher as the market awaits OPEC+’s crucial decision to extend or deepen supply cuts and a severe storm in the Black Sea region disrupts oil exports. Brent crude is up 0.3% to $81.68 a barrel, while WTI is up 0.4% to $76.68 a barrel. “The outlook for the oil market in 2024 will largely depend on OPEC+ policy,” ING’s Warren Patterson and Ewa Manthey say in a note ahead of the cartel’s meeting on Thursday. Meanwhile, further support to prices likely comes from disruptions to oil loadings in the Black Sea, with Kazakhstan’s energy ministry indicating that output at its largest oil fields has been cut by 56%, the analysts say. ([email protected])