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

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

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

SlavkoSereda/iStock via Getty Images

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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