10:46 AM · 3 September 2025

BREAKING: OIL.WTI loses ground; OPEC to consider further production increase❓

According to anonymous sources cited by Reuters on Sunday, the OPEC cartel may decide to further increase oil production. Interestingly, OPEC+ was supposed to end its production increase, but today's Reuters report contradicts these expectations. Oil prices have, of course, fallen sharply following this announcement, as oversupply is likely to further depress prices.

 
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