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Crude Prices Settle Lower as OPEC+ Discusses a Crude Production Hike

Commodities & Energy

Rich Asplund

·

May 2, 2025

·

Barchart

June WTI crude oil (CLM25 ) Friday closed down -0.95 (-1.60%), and June RBOB gasoline (RBM25 ) closed down -0.0293 (-1.43%). Crude oil and gasoline prices fell moderately on Friday after OPEC+ brought forward its meeting to discuss an increase in crude production, bolstering concerns about a global supply glut....

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