Oil prices slide on rumors of OPEC+ production hike next monthAugust 31, 2024 Oil prices dropped as insider reports revealed OPEC+ might increase production in October, countering Libya’s significant output losses.
Analysts foresee $90 oil prices due to rising Middle East conflictsJuly 2, 2024 The ongoing geopolitical tensions between Israel and Hezbollah, with potential Iranian involvement, could drive oil prices to $90 per barrel.