OPEC+ output increase

Oil eases as traders assess US tariffs, OPEC+ output hike

July 8, 2025

(BOE Report) – Oil prices retreated on Tuesday after rising almost 2% in the previous session as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August. Brent crude futures dipped 22 cents, or 0.3%, at $69.36 a barrel by 0330 GMT. U.S. West Texas Intermediate crude fell 27 cents, or 0.4%, at $67.66 a

Oil prices slip on potential further increase in OPEC+ output

May 22, 2025

(Investing) – HOUSTON -Oil prices fell on Thursday after a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could exceed demand growth. Brent futures fell 57 cents, or 0.88%, to $64.34 a barrel by 11:17 a.m. EDT (1517 GMT). U.S. West Texas Intermediate crude was down 53 cents, or 0.86%, at $61.04. The Organization of

Oil eases as traders assess US tariffs, OPEC+ output hike

Oil prices slip on potential further increase in OPEC+ output

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