Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook
Oil & Gas 360º
APRIL 29, 2025
PRODUCTION RISING Several members of OPEC+, which comprises the Organization of the Petroleum Exporting Countries and its allies, will suggest an acceleration of output hikes for a second consecutive month in June, sources told Reuters last week. The energy market is awaiting earnings from U.S. OIL INVENTORIES U.S. EIA on Wednesday.
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