Crude oil rebounds as Russia suggests OPEC+ may reverse planned production hike

Mar. 07, 2025 7:55 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, GFI, HMY, FCEL, DRD, NG, GTLS, DBO, UNG, FCG, USL, FSM, SBSW, SCO, LAC, UNL, BNO, KOS, VTLE, BOIL, KOLD, GUSH, DRIP, SEI, USOI, NINE, AMPY, CO1:COM, NG1:COM, CL1:COM, MAXN, ARRY, OKLO, FEAM, KGS, VGBy: Carl Surran, SA News Editor

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Crude oil futures rose sharply on Friday but still finished with another week of losses, as markets were pushed and pulled by OPEC's decision to go ahead with production increases starting in April, uncertainty over U.S. tariffs, and a bearish build in U.S. crude stocks.


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