Oil was down Thursday morning in Asia, with a recent rally fizzling, as a build in U.S. gasoline inventories and a potential Organization of the Petroleum Exporting Countries and allies (OPEC+) agreement to increase supply clouded the black liquid’s outlook.

Brent oil futures were down 0.68% to $74.25 by 1:38 AM ET (5:38 AM GMT) and WTI futures fell 0.74% to $72.59.

Tuesday’s U.S. crude oil supply data from the U.S. Energy Information Administration (EIA),

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