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🛢️ Oil Prices Tumble on OPEC+ Output Hike Plans

Pulse of the market

3 Posts 3 Posters 3 Views

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theSignalyst

wrote on last edited by

#1

Oil dropped after reports that OPEC+ is considering accelerating production increases by another 500,000 barrels per day over the next quarter.

Combined with resumed exports from Iraq’s Kurdistan region, traders see a looming supply glut.
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Nahid10

wrote on last edited by

#2

Oil prices dipped as OPEC+ weighs boosting output by +500K barrels/day next quarter — raising supply concerns. ️
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kelson10

wrote on last edited by

#3

Market jitters: Reports suggest OPEC+ may accelerate production hikes, pressuring crude prices lower.
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