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30/05/2025 02:32 AST
Oil prices was down more than 1% at settlement today, following reports of lower demand in China and a decision by OPEC+ to increase supply starting July.
Brent crude futures fell 75 cents, or 1.16 percent, to settle at $64.15 a barrel.
US West Texas Intermediate (WTI) crude futures also fell 90 cents, or 1.46 percent, to settle at $60.94 per barrel. q
QNA
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Brent | 63.9 | -0.25 | -0.39 |
| WTI | 60.79 | -0.15 | -0.25 |
| OPEC Basket | 64.49 | 0.57 | 0.89 |
30/05/2025
Oil prices rose by about $1 a barrel on Thursday after a US court blocked most of President Donald Trump's tariffs, while the market was watching out for potential new US sanctions curbing Russian cr
Reuters
29/05/2025
OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production.
The 39th OPEC and non-OPEC Ministerial Meeting was convened in light of the continued co
Asharq Al Awsat
27/05/2025
Oil prices traded around flat on Monday after US President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about US tariffs on the bloc that could hit fuel d
Reuters
23/05/2025
Oil prices fell more than 1 percent on Thursday following a report that OPEC+ is discussing a production increase for July, stoking concerns any potential increase in global supply would exceed deman
Reuters
22/05/2025
Oil prices rose more than 1 percent on Wednesday after reports that Israel could be preparing to strike Iranian nuclear facilities raised fears of a supply disruption in the Middle East.
Bre
Reuters
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