Oil held gains as falling US stockpiles and the possibility of OPEC+ cutting output heighten the prospects of an increasingly tight market. Brent futures traded near $102 a barrel. There have been a deluge of bullish headlines recently, with Saudi Arabia suggesting that OPEC+ could intervene if prices drop too far. US inventories fell last week as the country exported its highest-ever volume of crude and refined products with consumers across the globe rushing for supplies. OPEC+ members Iraq and Kuwait have expressed support for the Saudi suggestion for market intervention, while export problems in Kazakhstan have kept supply concerns at the forefront. These have bolstered trading activity with Brent futures volumes topping 1 million contracts for the first time since the middle of July. Key timespreads that gauge market strength have also firmed markedly. The higher prices follow a bout of weakness as concerns over the global economy […]