The US oil prices agree to the growing production in OPEC + June

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Logo of the Organization of Oil Exporting Countries (OPEC)

Andrey Rudakov | Bloomberg | Getty pictures

US crude oil futures fell from more than 4% on Sunday, OPEC + agreed for growing production during the second month.

Small Shortly after trade, 2.49 or 4.27%, 55.80, a barrel from a barrel. Global Assessment Brent Falling 2.39 or 3.9% for a barrel, $ 58.90. This year, oil prices fell from 20%.

Eight manufacturers in the group led by Saudi Arabia agreed on Saturday increase access In June, 411,000 barrels a day. The decision was coming from Opec + a month later + surprised by agreeing to the market Growth production in May the same amount.

June production hike is close to 140,000 BPD, which Goldman Sachs predicted in advance. OPEC + brings more than 800,000 BPDs in the market over two months.

In April, the price of oil has been placed the largest monthly loss of US president since 2021 Donald Trumps Tariffs also increased the fear of a recession that increases supply in Opec +.

Such as oil cultural services Baker Hughes and SLB We expect investment in intelligence and production This year landing Due to a weak price environment.

“Prospects for the prospects of the essential oil market, in Saudi Arabia, the increase in ties in Mexico and the weakness of action,” said Baker Hughes CEO Lorenelli said the company’s call for earnings in the 25th quarter.

Grasping oil Bar and Skeleton Due to the reduction of oil prices last week, in 2024, he made a profit in the first quarter compared to the same period.

Goldman, this year, this year, the average US raw and Brent prices average 59 and 63 dollars, $ 63 and $ 63.

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