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162 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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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
Brent crude rose by more than 14% in September after a drone attack on Saudi Arabia’s East-West pipeline
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International
Oil prices rose on Wednesday amid supply concerns following Houthi attacks on Saudi Arabia
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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
OPEC+ keeps oil production unchanged in November / Brent crude remains above 100 dollars per barrel
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Economy
The price of Brent crude returns above the $100-per-barrel threshold amid risks in the Persian Gulf
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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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