• Oil Tumbles on OPEC Decision to Accelerate Output Restoration

    Source: Buzz FX / 05 May 2025 02:41:19   America/New_York


    The week begins with a sharp decline in oil prices – around 4% at the time of writing – as OPEC+ announced it would accelerate output restoration by 411K barrels per day, taking the total hike for April, May, and June to nearly 1mbpd, almos
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