Market News USO XLE
4 weeks ago.
Crude oil prices drop $1.09 to $65.91 due to concerns of rising global supply, with OPEC+ increasing production by 548,000 barrels per day in August.
Market News USO XLE
4 weeks ago.
OPEC+ to boost oil production by 548,000 bpd in August, signaling a shift towards reclaiming market share over supporting prices, while U.S. shale growth remains constrained.