Oil Drops as Larger OPEC+ Supply Increase Raises Glut Concerns

Oil Drops as Larger OPEC+ Supply Increase Raises Glut Concerns



Oil Drops as Larger OPEC+ Supply Increase Raises Glut Concerns
Oil declined after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.


www.bloomberg.com
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