Oil Prices on Course for Another Weekly Dip as OPEC+ Looks to Boost Production ...Middle East

Economy by : (OILPRICE) -
Crude oil prices are set for another weekly decline following news that OPEC+ was planning to boost production by another 411,000 barrels daily in July. Meanwhile, a court ruling that blocked Trump’s tariffs has been paused after the White House appealed the decision. At the time of writing, Brent crude was trading at $63.84 per barrel, with West Texas Intermediate at $60.67 per barrel, both slightly down on Thursday but higher than the start of the week. Earlier this week, a trade court ruled that President Trump had exceeded his authority…

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