đź’¨ Abstract
Oil prices fell more than $2 a barrel on May 4th after OPEC+ announced plans to increase output by 411,000 barrels per day. benchmark crude oil sank $2.21 or 3.8% to $56.08 per barrel. The decision was made due to strong fundamentals, but falling oil prices have been weighed on the sector due to the likely impact of U.S.
Courtesy: wtop.com
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