![Oil’s losses increase as OPEC+ production is expected to rise](https://market-tracker.in/wp-content/uploads/2024/07/images-25.jpg)
Oil’s losses increase as OPEC+ production is expected to rise
With investors evaluating increased OPEC+ production from October against a significant decline in Libyan supply despite weak demand in China and the US, the two largest oil users in the world, oil prices continued to decline on Monday. U.S. West Texas Intermediate crude dropped 50 cents, or 0.7%, to $73.05 a barrel, while Brent crude…