From Investing.com: 2025-05-26 03:02:00

Oil prices are up after President Trump delays EU tariff deadline. OPEC+ meeting to discuss supply. Lower prices lead to reduced US drilling activity, rigs down to 465. WTI prices averaging $60/bbl. Speculators increase net long positions on ICE. OPEC+ likely to increase output by 411k b/d in July. Market well supplied.



Read more at Investing.com: Oil Prices Could Hit Ceiling as OPEC+ Eyes Supply Bump in July