Oil is declining following the OPEC+ decision to increase production by another 547,000 barrels per day in September. Alliance members cited a healthy economy and low inventories as the reasons for the move. Brent futures dropped by 0.29% to $69.47 per barrel, while WTI fell by 0.21% to $67.19.
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EDITOR'S CHOICE
- 08 Jul 2025 15:41 Economy US President announces new tariffs
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- 14 Jul 2025 18:04 Energy 64% of recoverable reserves at ACG fields already extracted
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