Oil Drops After OPEC+ Supply Hike Amplifies Concerns Over Glut

Oil Drops After OPEC+ Supply Hike Amplifies Concerns Over Glut


Oil fell after OPEC+ agreed to another bumper output increase, stoking concerns about global oversupply just as the US-led trade war may be exacting a toll on economic growth and energy consumption.

Author: Bloomberg News


Published at: 2025-08-03 22:43:56

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