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30/05/2025 02:32 AST
Oil prices was down more than 1% at settlement today, following reports of lower demand in China and a decision by OPEC+ to increase supply starting July.
Brent crude futures fell 75 cents, or 1.16 percent, to settle at $64.15 a barrel.
US West Texas Intermediate (WTI) crude futures also fell 90 cents, or 1.46 percent, to settle at $60.94 per barrel. q
QNA
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Brent | 61.22 | -0.33 | -0.54 |
| WTI | 57.52 | -0.38 | -0.66 |
| OPEC Basket | 61.28 | -0.59 | -0.95 |
10/12/2025
Oil prices edged down on Tuesday, extending losses from the 2% drop in the previous session, with markets keeping a close eye on peace talks to end Russia's war in Ukraine and a looming decision on U
Asharq Al Awsat
03/12/2025
OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said, to ensure that the group sets output quotas that are more clos
Reuters
01/12/2025
Ministers of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) are expected to keep current output levels unchanged when they meet for online meetings on Sunday, analys
Khaleej Times
24/11/2025
At the heart of the US shale industry in Texas, oil production is climbing. But you wouldn't know that if you talked to Mark Waters, who owns a store that sells tools and safety equipment to oil firm
Reuters
17/11/2025
Oil prices settled more than 2% higher on Friday as Russia's port of Novorossiisk halted oil exports following a Ukrainian drone attack that hit an oil depot in the Russian energy hub, stoking supply
Gulf Times
Financial Information Co.
Saudi Arabia