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OPEC+ Mulls Accelerated Output Hike in June, Eyes Increase of Up to 400,000 Bpd

Commodities & Energy

Jim Rinaudo

·

May 2, 2025

·

Barchart

The June WTI (CLM25 ) contract settled at 58.29 (-0.95) [-1.60%] , high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest for CLM25 is 297,188. CLM25 settled below its 5 day (59.69), below its 20 day (61.19), below its 50 day (65.22), below its 100 day...

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