OPEC+ Boosts Oil Prices But Downside Risk Remans

April West Texas Intermediate (WTI) crude oil futures have seen varied movements in the past week, influenced by a range of global factors. The interplay of U.S. crude inventories, OPEC+ production decisions, fluctuating demand from China, Middle East tensions, the U.S. dollar's value, and anticipations of the Federal Reserve's policy have all played roles in shaping crude oil prices. OPEC+ Production Strategy OPEC+, with Saudi Arabia and Russia at the forefront, has extended its voluntary oil output reduction of 2.2 million barrels per day into…