Oil Prices Crash After OPEC+ Reaches Deal To Ease Cuts ...Middle East

OILPRICE - Economy
Oil Prices Crash After OPEC+ Reaches Deal To Ease Cuts
source : OILPRICE ( Middle East ) () 17
Oil prices dropped by nearly 4 percent early on Monday, with WTI Crude slipping to an eyelash above $69 per barrel, after OPEC+ decided on Sunday it would start returning 400,000 barrels per day (bpd) to the market every month beginning in August until it unwinds all the 5.8 million bpd cuts. The prospect of monthly increments in oil supply from the OPEC+ alliance comes just as COVID infections are rising in many countries because of the faster-spreading Delta variant. Concerns over potential hiccups in global oil demand recovery amid rising supply…

Hence then, the article about oil prices crash after opec reaches deal to ease cuts was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Prices Crash After OPEC+ Reaches Deal To Ease Cuts )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
WAIC öffnet die Bewerbungsphase für den SAIL Award 2026 mit einem Preisgeld von über 280.000 US-Dollar - globale KI-Innovatoren sind herzlich willkommen
PR Newswire - before 3 hours & 36 minute
UnionPay lanza el marco de protocolo abierto de pagos con agentes
PR Newswire - before 9 hours & 23 minute
Why Losing the Iran War May Be the Best Outcome for the Global Economy
OILPRICE - before 6 hours & 9 minute
Three Oil Shocks Redrawing the Geopolitical Energy Map
OILPRICE - before 9 hours & 38 minute
Frame Your Future 2026: Public Speaker Series Elevates the Conversation on Innovation, Education, and the Evolving World of Work
PR Newswire - before 6 hours & 41 minute
Egypt signs lifeline million-barrel Libyan oil deal to defy Hormuz blockade
EGYPT INDEPENDENT - before 11 hour & 22 minute
The White House is readying a budget for the statistics agency that compiles the jobs report.
The New York Times - before 10 hours & 56 minute
BP’s New CEO Faces a Defining Test as War Boosts Profits
OILPRICE - before 4 hours & 9 minute
India Passes on Iranian Oil as Sanctioned Tanker Redirects to China
OILPRICE - before 9 hours & 7 minute
JERA Signs MOU with UC Berkeley to Advance Collaboration in Education, Science, and Energy Innovation
PR Newswire - before 5 hours & 33 minute
India's Russian Crude Imports Jump 90% in March After U.S. Waiver
OILPRICE - before 6 hours & 40 minute
HSG Laser präsentiert sich auf der Global Industrie 2026: Demonstration der technologischen Führungsrolle
PR Newswire - before 9 hours & 42 minute


Latest News

How the Iran War Became NATO’s Biggest Crisis

before 6 minute

Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2026 Results

before 37 minute

Meta Pauses Work With Mercor After Data Breach Puts AI Industry Secrets at Risk

before 39 minute

OpenAI's Fidji Simo Is Taking Medical Leave Amid an Executive Shake-Up

before 2 hours & 18 minute

In HelloNation, Kiawah Island Short-Term Rental Policy Explained by Real Estate Agent Andy Herring

before 3 hours & 2 minute

WAIC öffnet die Bewerbungsphase für den SAIL Award 2026 mit einem Preisgeld von über 280.000 US-Dollar - globale KI-Innovatoren sind herzlich willkommen

before 3 hours & 36 minute

Trump Says US Could ‘Take the Oil’ in Hormuz Push

before 3 hours & 41 minute

BP’s New CEO Faces a Defining Test as War Boosts Profits

before 4 hours & 9 minute

In HelloNation, HVAC Expert Jimmy Hunter Examines Furnace Short Cycling Bay City MI

before 4 hours & 9 minute

AccuQuant Secures $20 Million in Funding to Advance AI-Driven Financial Infrastructure

before 4 hours & 27 minute

Cuba Frees 2,000 Prisoners Amid Oil Supply Crunch

before 4 hours & 27 minute

First Western European Vessel Transits Hormuz Since War Began

before 5 hours & 32 minute

JERA Signs MOU with UC Berkeley to Advance Collaboration in Education, Science, and Energy Innovation

before 5 hours & 33 minute

Odevo deepens Texas presence as WRMC joins

before 5 hours & 35 minute

Why Losing the Iran War May Be the Best Outcome for the Global Economy

before 6 hours & 9 minute