Oil steadied ahead of an OPEC+ meeting that may endorse another modest lift in output, with traders speculating that the actual increase delivered by members could again fall short of the headline figure. West Texas Intermediate was little changed near the highest level since 2014 after rallying 17% in January. Global benchmark Brent traded above $89 a barrel, with prices steeply backwardated in a reflection of market tightness. Bloomberg’s Vonnie Quinn reports on the latest news of the hour on “Bloomberg The Organization of Petroleum Exporting Countries and its allies convene later on Wednesday, and are expected to ratify another 400,000 barrel-a-day increase in supply for March. If so, that would stick with the established pace at which they have been easing output curbs imposed at the height of the pandemic. Still, there have been consistent signs in recent months that the alliance has not been able to meet […]