Monthly Archives: June 2025
41654156156Crude Oil Weakens as Supply Surge Outpaces Fragile Demand Outlook

Written on June 6, 2025 at 8:02 am, by pumarketings
Key Takeaways: *OPEC+ is set to increase output for a third straight month, raising concerns of an oversupplied market and weighing on crude prices. *Saudi Aramco’s cut to Asian OSPs signals weaker regional demand, reinforcing bearish sentiment amid rising U.S. inventories. Market Summary: Crude extended losses this week as Saudi Arabia’s continued push to expandContinue Reading

