Oil Drops as OPEC+ Supply Surge Threatens to Swamp Global Market

finance.yahoo.com/news/oil-sinks-opec-supply-surge-063101452.html

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a global glut just as the trade war threatens demand.
Most Read from Bloomberg
West Texas Intermediate futures fell about 2.5% to less than $57 a barrel, hovering near…

This story appeared on finance.yahoo.com, 2025-05-05 14:35:09.
The Entire Business World on a Single Page. Free to Use →