Oil steadied, with investors weighing the outlook for a tighter market as U.S. stockpiles drop and OPEC+ keeps a tight rein on supply. Brent crude was little changed after advancing 0.5% on Monday, while West Texas Intermediate was flat. Later Tuesday, the American Petroleum Institute will report estimates for U.S. oil inventories, including at the key hub in Cushing. Declines in stockpiles this year have supported higher prices. OPEC and its allies are due to gather next week to assess output policy. Russia expects the alliance will agree to increase production by just 400,000 barrels a day at the Nov. 4 meeting, as previously agreed, Reuters reported, citing Deputy Prime Minister Alexander Novak. That follows weekend comments from Saudi Arabia ’s energy minister that producers should remain cautious. Oil is set for a monthly gain in October, building on six quarterly advances, as global demand recovers from the […]