Oil Prices: Oil Set for Loss Ahead of OPEC+ Meeting

Posted on 09/05/2025
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OPEC+ is holding a meeting this weekend that may see the group sign off another oil supply hike. Ahead of the OPEC+ session, Russian Deputy Prime Minister Alexander Novak said nations involved in the talks didn’t have an agenda for the meeting, Tass reported. Oil fell for a third day, heading for a weekly decline ahead of the group's decision. Bloomberg's Stephen Stapczynski breaks down the situation.

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