WTI Crude Falls Below $80 as OPEC+ Eyes July Output Increase
Crude oil fell more than 2% after OPEC+ sources indicated plans to unwind its 2.2 million barrels per day voluntary cut in July. WTI crude dropped to $78.40 per barrel, its lowest in three weeks. Ener
Crude oil fell more than 2% after OPEC+ sources indicated plans to unwind its 2.2 million barrels per day voluntary cut in July. WTI crude dropped to $78.40 per barrel, its lowest in three weeks. Energy stocks fell 1.8%. Analysts warn oversupply could push WTI toward $75.
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