Sunday, June 21, 2026
24.8 C
New York

Oil Prices Fall on Fears of OPEC+ Supply Boost, US Slowdown

Oil dropped for a second day as traders fretted that OPEC+ may agree to boost supplies, US data pointed to a slowdown, and an industry estimate showed higher crude stockpiles at a key storage hub. Members of the OPEC+ alliance meet this weekend. Bloomberg’s Nicholas Lua reports.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Hot this week

Plans to end gazumping with binding agreements in house sale reforms

In Scotland, formally accepted offers are already legally...

MAHA SNAP restrictions on junk food could change spending

The growing push to restrict Americans from using...

Tim Draper claims Bitcoin is safer than Banks in Quantum era

Billionaire financier Tim Draper believes that the conventional...

Goldman Sachs bets a recent merger will drive sharp gains for this travel stock

Allegiant Travel will continue to be a winner...

ABA, associations: Basel proposal step in right direction

The banking agencies’ Basel capital proposal is an...

Latest Post

MAHA SNAP restrictions on junk food could change spending

The growing push to restrict Americans from using...

Tim Draper claims Bitcoin is safer than Banks in Quantum era

Billionaire financier Tim Draper believes that the conventional...

Plans to end gazumping with binding agreements in house sale reforms

In Scotland, formally accepted offers are already legally...
Demo

Related Articles

Popular Categories

Demo