Crude oil rebounds as Russia suggests OPEC+ may reverse planned production hike


Mar. 07, 2025 7:55 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, GFI, HMY, FCEL, DRD, NG, GTLS, DBO, UNG, FCG, USL, FSM, SBSW, SCO, LAC, UNL, BNO, KOS, VTLE, BOIL, KOLD, GUSH, DRIP, SEI, USOI, NINE, AMPY, CO1:COM, NG1:COM, CL1:COM, MAXN, ARRY, OKLO, FEAM, KGS, VGBy: 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 rose sharply on Friday but still finished with another week of losses, as markets were pushed and pulled by OPEC’s decision to go ahead with production increases starting in April, uncertainty over U.S. tariffs, and a bearish build in U.S. crude stocks.



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