Oil is heading for its best half since 2009 as the rebound from the pandemic boosts fuel consumption and tightens the market ahead of a key OPEC+ meeting that’s expected to lead to an increase in supply. Futures in New York rose toward $74 a barrel on Wednesday and are up more than 50% this year. The American Petroleum Institute reported that U.S. crude stockpiles fell by 8.15 million barrels last week, according to people familiar, adding to positive sentiment before OPEC+ meets on Thursday. The alliance will be busy after delaying preliminary talks on the oil market to allow members more time to resolve differences. The hold-up comes as a Covid-19 resurgence in some regions raises concerns over the demand outlook. The recovery in key energy consumers including the U.S. and China has helped underpin a surge in fuel demand and driven prices to the highest level since […]