0933 ET - OPEC and allies including Russia say they plan to speed up the return of withheld barrels in May, increasing output by 411,000 barrels a day, "equivalent to three monthly increments." The decision adds to losses in crude futures already reeling from the U.S. tariff rollout. "The actual increase over prior expectations may weigh on prices near-term but should be seen as a bullish demand indicator," Alex Hodes of StoneX says in a note. The adjustment "signals confidence in the strength of Asian demand, even as macroeconomic sentiment turns negative." WTI is down 7.1% at $66.59 a barrel, and Brent is off 6.6% at $69.97 a barrel. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
April 03, 2025 09:33 ET (13:33 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。