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  2. International

Oil prices fell after OPEC+ announced a 548,000 barrels per day increase in production, creating uncertainty in the market.

Delia Niculescu
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7 July 2025, 11:01
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International
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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.

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Economedia
Petrolul s-a ieftinit după ce OPEC+ a decis o majorare a producţiei peste aşteptări
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Stiripesurse
Preţul petrolului a scăzut după ce OPEC+ a decis majorarea producţiei cu 548.000 de barili pe zi
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Financial Intelligence
Petrolul s-a ieftinit după ce OPEC+ a decis o majorare a producţiei peste aşteptări
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Economica
Cotația petrolului a scăzut după ce OPEC a convenit o majorare a producției cu 548.000 de barili /zi în august
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G4Media
Petrolul s-a ieftinit după ce OPEC+ a decis o majorare a producţiei peste aşteptări

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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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OPEC+ will increase oil production by 188,000 barrels per day starting in June, following a videoconference. The seven participating countries are monitoring market conditions.
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International
OPEC has lowered its estimates for global oil demand growth in 2026, due to the impact of the war in the Middle East and the closure of the Strait of Hormuz.
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The price of a barrel of oil has dropped by more than 3% after the signing of a memorandum of understanding between the USA and Iran for the reopening of the Strait of Hormuz.
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The price of oil has reached its lowest level in the last two weeks, in the context of optimism regarding a peace agreement between the USA and Iran.
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OPEC+ will discuss a new increase in production quotas at the meeting on Sunday, but without the contribution of the United Arab Emirates.
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