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BRENT CRUDE $95.10 -2.71 (-2.77%) WTI CRUDE $93.08 -2.94 (-3.06%) NAT GAS $3.34 +0.12 (+3.73%) GASOLINE $2.96 -0.11 (-3.58%) HEAT OIL $3.68 -0.16 (-4.16%) MICRO WTI $93.14 -2.88 (-3%) TTF GAS $49.05 +0.19 (+0.39%) E-MINI CRUDE $93.15 -2.88 (-3%) PALLADIUM $1,333.50 -4.2 (-0.31%) PLATINUM $1,899.10 +24.5 (+1.31%) BRENT CRUDE $95.10 -2.71 (-2.77%) WTI CRUDE $93.08 -2.94 (-3.06%) NAT GAS $3.34 +0.12 (+3.73%) GASOLINE $2.96 -0.11 (-3.58%) HEAT OIL $3.68 -0.16 (-4.16%) MICRO WTI $93.14 -2.88 (-3%) TTF GAS $49.05 +0.19 (+0.39%) E-MINI CRUDE $93.15 -2.88 (-3%) PALLADIUM $1,333.50 -4.2 (-0.31%) PLATINUM $1,899.10 +24.5 (+1.31%)
Executive Moves

OPEC+ Supply Surge Drives Oil to 4-Year Low

OMC Editorial Desk 1 year ago 1 min read

OPEC+ Supply Surge Ignites Oil Market Sell-Off

The global oil market experienced a sharp downturn this week as the OPEC+ alliance ratified yet another significant production increase, fueling investor concerns over a looming supply glut. This fresh influx of crude arrives at a precarious time, with escalating trade tensions threatening to undermine global energy demand and economic growth.

West Texas Intermediate (WTI) futures reacted immediately, shedding 2% of their value to settle

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