Oil prices plunge after OPEC+ agrees to another production boost (USO:NYSEARCA)

seekingalpha.com/news/4440741-oil-prices-plunge-after-opec-agrees-to-another-production-boost

Crude oil futures have dropped more than 3% Sunday after OPEC+ agreed to accelerate production increases for a second straight month in June by 411K bbl/day.
U.S. WTI crude (CL1:COM) for June delivery recently traded -3.4% at $56.28/bbl and
Crude oil futures have dropped more than 3%…

This story appeared on seekingalpha.com, 2025-05-05 09:52:45.849000.
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