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Crude oil posts biggest weekly loss in a month as OPEC+ speculation outweighs tariff war

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May 02, 2025 7:53 PM ETUnited States Oil Fund, LP ETF (USO), XLENPKI, UCO, HL, OIS, GTLS, CSIQ, DBO, WLK, UNG, FCG, SUNE, USL, SCO, UNL, DQ, BNO, PROP, BOIL, KOLD, GUSH, DRIP, BE, VVPR, USOI, HPK, CO1:COM, NG1:COM, CL1:COM, MAXN, LITM, USARBy: 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.

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Crude oil fell Friday to end a second straight weekly loss, as key OPEC+ members reportedly are discussing another production increase of ~400K bbl/day in June ahead of a video conference to set policy on Saturday, moved up from the expected May



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