Oil Falls on Concern OPEC+ May Agree to Boost Supply
Oil prices fell for the second consecutive day due to concerns that OPEC+ might increase supply. US economic data indicated a slowdown, and estimates showed rising crude stockpiles at a major storage hub. The OPEC+ alliance is set to meet this weekend.
WPN Brief
Oil prices fell for the second consecutive day due to concerns that OPEC+ might increase supply. US economic data indicated a slowdown, and estimates showed rising crude stockpiles at a major storage hub. The OPEC+ alliance is set to meet this weekend.
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