![Crude oil prices decreased as OPEC+ production was expected to increase starting in October](https://market-tracker.in/wp-content/uploads/2022/10/What-is-Crude-Oil-Made-Of-scaled-1.jpeg)
Crude oil prices decreased as OPEC+ production was expected to increase starting in October
Crude oil prices dropped by -4.87% to 5,919 due to OPEC+ production increases starting in October and concerns over sluggish demand in key markets like China and the US. OPEC+ plans to increase oil output by 180,000 barrels per day in October, but other cuts are expected to remain until 2025. The Arabian Gulf Oil…