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148 new news items in the last 24 hours
  1. Home
  2. Economy

Oil prices rose by more than 1% on strong demand, offsetting higher OPEC+ production and uncertainty over US tariffs.

Raluca Ioana Draghici
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8 July 2025, 06:55
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Oil prices were up more than 1% on Monday, with Brent crude reaching $69.16 a barrel and WTI at $67.39, supported by strong market demand. OPEC+ announced a 548,000 barrels/day production increase for August, but actual growth remains modest. Trade and geopolitical tensions, including new tariffs announced by the US and attacks in Yemen, continue to affect the oil market.

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NewMoney.ro
Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida unei producții mai mari a OPEC+
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Financial Intelligence
Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida creşterii producţiei OPEC+ şi a incertitudinilor comerciale
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News.ro
Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida creşterii producţiei OPEC+ şi a incertitudinilor comerciale

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NEWS ON THE SAME TOPICS

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Economy
The prices of oil have dropped on Monday, after OPEC+ decided to increase production by 188,000 bpd starting in August. Exports from the Gulf are recovering.
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Economy
The price of oil rose on Tuesday, fueled by the intensification of conflicts in the Middle East and fears regarding global supply.
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International
Oil prices rose sharply by almost 5% after the American attacks on Iran, amplifying fears about energy supply.
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Economy
The price of oil rises by approximately 2% after the US airstrikes on Iran.
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Economy
Brent crude oil surpasses 80 dollars per barrel after escalating tensions between the USA and Iran
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Economy
Oil exceeds 90 dollars per barrel due to the conflict between the USA and Iran. Analysts predict further increases in price.
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oil price OPEC+ price increase oil production

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