business / markets2 months ago

U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

https://www.cnbc.com/2025/05/04/us-oil-prices-tumble-after-opec-agrees-to-surge-production-in-june.htmlhttps://www.nytimes.com/2025/05/03/business/opec-plus-oil-production-trump.htmlhttps://seekingalpha.com/news/4440644-crude-oil-posts-biggest-weekly-loss-in-a-month-as-opec-speculation-outweighs-tariff-war
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References

Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices

Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices

Crude oil posts biggest weekly loss in a month as OPEC+ speculation outweighs tariff war

Crude oil posts biggest weekly loss in a month as OPEC+ speculation outweighs tariff war

OPEC+ Stuns Market With Larger Than Expected Output Hike | OilPrice.com

OPEC+ Stuns Market With Larger Than Expected Output Hike | OilPrice.com

OPEC+ to further speed up oil output hikes, sources say

OPEC+ to further speed up oil output hikes, sources say

Oil drops more than $2/bbl as OPEC+ accelerates output hikes

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