Sub Banner Image

Oil Drops as OPEC+ Supply Surge Threatens to Swamp Global Market

Markets

Mia Gindis, Anthony Di Paola

·

May 4, 2025

·

Bloomberg

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a global glut just as the trade war threatens demand.

More from

Bloomberg

More

Markets

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.