U.S. oil prices tumble after OPEC+ agrees to surge production in June

Crude raw oil is more than 4% Sunday, after IPEC + to reserve the production for a second month.

We raw It was in $ 2,49, or 4,27%, at $ 55.80 a little barbor after open business. Global benchas Brent Fello $ 2,39, or 3.9%, at $ 58.90 for barrel. The oil prices have fallen over 20% of this year.

The eight producers in the group, brought it from Saudi Arabia, I agree to Saturday to Increase the production by another 411.000 barrels per day in June. Decision comes a month after OPEC + surprise the market agreement Surge production in May from the same amount.

Junity hike is almost trippicious 140,000 BPD that Goldman Sachs had originally planned. The ordec + is brought more than 800,000 BPD supplementing supply to the market on both months.

Oil prices in April posted the largest monthly loss by 2021, as president of the US Donald Trump Rates have lifted fear of a recession that makes the slow question at the same time as operc + is to grow rapidly.

Olesfield service businesses as Baker Hughes and it Slb wait for investment in exploration and production to Declined this year Due to the weak price environment.

“The prices of a gasupopular market, in the sea of ​​uncertainty, uncertainty in the imbiance and activity of international cedar

The oil mavorses CHERRON and it EXXON Reported the new trimester’s new week that is falling with the same period in 2024 Due to the lowest oil prices.

Goldman is expected that the raw prices and sharply scents will be average $ 59 and $ 63 for barrels, respectively, this year.