Site icon Hot Paths

Oil futures fall as Saudi Arabia said to seek more big OPEC output hikes (USO:NYSEARCA)

Jun. 04, 2025 7:37 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, VLO, DBO, UNG, FCG, USL, SCO, UNL, BNO, MPC, BOIL, KOLD, PSX, CRAK, GUSH, DRIP, USOI, CO1:COMBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil futures turned lower in a volatile session Wednesday, as a Bloomberg report said Saudi Arabia is open to additional significant OPEC+ production hikes after July in a bid for market share.

The Saudis want the group to add

Exit mobile version