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183 new news items in the last 24 hours
  1. Home
  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.

Sources

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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
sursa imagine
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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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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Economy
OPEC expects a smaller impact on oil consumption and forecasts a recovery in demand by the end of the year
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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 sharply by almost 5% after the American attacks on Iran, amplifying fears about energy supply.
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Economy
The CEO of Eni sees a possible increase in oil prices above current levels until the beginning of 2027
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