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

cnbc.com/2025/05/04/us-oil-prices-tumble-after-opec-agrees-to-surge-production-in-june.html

U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month.
U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel.
The eight producers in…

This story appeared on cnbc.com, 2025-05-04 22:17:32.
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