OPEC+ Supply Increase and Weak US Data Drive Oil Prices Down
TL;DR
Oil prices continue to decline as concerns over OPEC+ production decisions and weak economic data from the US unsettle traders.
- Oil extends losses as Opec+ and weak US data unnerve traders Financial Times
- U.S. crude oil extends losses on OPEC+ increasing supply later this year CNBC
- Oil Algorithmic Traders Amplify Crude Price Rout After OPEC's Surprise Bloomberg
- OPEC Plans a Gradual Unwinding of Production Cuts The New York Times
- Why U.S. oil production isn't a huge threat to OPEC+ market share anymore MarketWatch
Want the full story? Read the original reporting
Read on Financial Times