Crude oil prices have dropped significantly following OPEC+'s decision to increase production by 411,000 barrels per day in June. Brent futures fell 4.6% to $58.50 per barrel, while West Texas Intermediate futures dropped nearly 5% to $55.53 per barrel, marking their lowest levels since February 2021. The increase in output is a response to members not complying with production quotas, particularly Kazakhstan and Iraq. Analysts suggest that the market is now primarily demand-driven, influenced by US-China trade tensions and economic conditions. Teljes cikk (Euronews.com)