Oil
Is OPEC+ about to change course?
The oil price is about to fall as OPEC+ considers a further large increase in supply.
5/23/2025
Oil prices are heading for significant declines as OPEC+ considers another huge production increase, which could bring additional supply to a market already struggling with oversupply.Brent fell towards $64 per barrel, recording its fourth decline. The weekly loss amounted to around 2 per cent. West Texas Intermediate traded below 61 dollars.OPEC…
