U.S. crude oil closes at lowest level since 2021 after OPEC+ agrees to production surge in June

May 5, 2025 - 16:00
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U.S. crude oil closes at lowest level since 2021 after OPEC+ agrees to production surge in June
OPEC+ is bringing more than 800,000 barrels per day of additional supply to the market over the course of two months.

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