Home Stocks Oil prices plunge after OPEC+ agrees to another production boost (USO:NYSEARCA)

Oil prices plunge after OPEC+ agrees to another production boost (USO:NYSEARCA)

by Deidre Salcido
0 comments
Image 1213764535.jpg
May 04, 2025 7:39 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COM, , , , , , , , By: Carl Surran, SA News Editor

SlavkoSereda/iStock via Getty Images

Crude oil futures have dropped more than 3% Sunday after OPEC+ agreed to accelerate production increases for a second straight month in June by 411K bbl/day.

U.S. WTI crude (CL1:COM) for June delivery recently traded -3.4% at $56.28/bbl and

You may also like

Leave a Comment

About Us

Welcome to AI Investor Picks, your trusted source for investment insights, financial strategies, and business opportunities. We are dedicated to providing cutting-edge information and analysis on a wide range of investment topics, including stockscryptocurrencyreal estate, finance, and much more.

© 2025 AI Investor Picks – All Rights Reserved

AI Investor Picks