Oil prices fell after OPEC+ announced a 548,000 barrels per day increase in production, creating uncertainty in the market.
Delia Niculescu
.webp)
International
foto:shutterstock
Always see our news on Google
On Monday, oil prices fell, influenced by the OPEC+ decision to increase production by 548,000 barrels per day, starting in August. Brent crude futures fell by 0.35% and West Texas Intermediate by 1.03%. This production increase exceeds expectations and creates fierce competition in the market. Uncertainty over US tariffs and their impact on the global economy is also contributing to investors' fears about oil demand.
Sources
Petrolul s-a ieftinit după ce OPEC+ a decis o majorare a producţiei peste aşteptări
Preţul petrolului a scăzut după ce OPEC+ a decis majorarea producţiei cu 548.000 de barili pe zi
Petrolul s-a ieftinit după ce OPEC+ a decis o majorare a producţiei peste aşteptări
Cotația petrolului a scăzut după ce OPEC a convenit o majorare a producției cu 548.000 de barili /zi în august
Petrolul s-a ieftinit după ce OPEC+ a decis o majorare a producţiei peste aşteptări
Latest News
19:01
The Ministry of Investments and European Projects announces the resumption of the operation of the application "Acquisition of Private Beneficiaries", after a cyber attack.
19:00
The EU allocates 2.3 million euros for combating cholera in four countries in West and Central Africa
19:00
EU economy emissions increased by 0.3% at the beginning of 2026, after decreasing compared to the previous year.
18:45
Oana Gheorghiu criticizes the CCR's decision regarding the Integrity Law: "When you become inconvenient for the corrupt, accusations are invented against you and cases are fabricated."
18:39
Providers traveling on the highways in Italy, be aware of the Free Flow toll system, which eliminates traditional barriers.
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
