Crude oil futures settle at $61.20

ForexLive
2025.05.22 19:09

The price of crude oil is settling down -0.37 at $61.20. The price was pressured today helped by a report that OPEC+ members are considering a potential output increase of 411,000 barrels per day (bpd) in July. While this is one of the options on the table, no agreement has been finalized.

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