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Oil Prices Slide on Oversupply Concerns
Barrons·2025-09-29 10:29

LIVE Dow Set to Open Up as Investors Weigh Shutdown Risk Last Updated: 9 min ago Oil Prices Slide on Oversupply Concerns By George Glover Oil prices were tumbling on Monday after a report said that the OPEC+ cartel was likely to approve another production hike, sparking concerns about excess supply. The Brent international benchmark fell 1.4% to 68.25abarrel,andWestTexasIntermediateU.S.crudewasdown1.668.25 a barrel, and West Texas Intermediate U.S. crude was down 1.6% to 64.69 a barrel. OPEC+ is likely approve another oil production increase of at least 137,00 ...