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Oil Prices Set for Sharpest Weekly Decline Since June Ahead of OPEC+ Meeting
Yahoo Finance·2025-10-03 14:11

Crude oil prices were on course to book their steepest decline in four months following reports that OPEC+ was about to extend its production boost for another month at its Sunday meeting. At the time of writing, Brent crude was trading at 64.53perbarrel,withWestTexasIntermediateat64.53 per barrel, with West Texas Intermediate at 60.86 per barrel. Both were up slightly from Thursday’s close but had been trending lower since Monday, with Brent crude shedding 8.3% since the start of the week and WTI declining by 7.6%, according to Reuters. The ...