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Oil Rises as OPEC+ Boosts Supply Less Than Expected
Posted
June 2, 2025
Views
4,524
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126
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June 2, 2025
4,524
126
9
2.98%
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2:28Now PlayingOil advanced off the back of geopolitical tensions and as OPEC+ hiked production less than some had feared. OPEC+ agreed to surge oil output for the third month in a row, doubling down on a policy shift that has sent crude prices sinking. The nations agreed to add 411,000 barrels a day to the market in July. Bloomberg's Anthony di Paola reports.
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