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Oil adds to losses on easing geopolitical risks, anticipated OPEC+ production hike (USO:NYSEARCA)

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Oil adds to losses on easing geopolitical risks, anticipated OPEC+ production hike (USO:NYSEARCA)
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Jun. 30, 2025 7:23 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COM, UCODBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor

SlavkoSereda/iStock via Getty Images

Crude futures edged lower Monday after posting their steepest weekly loss in more than two years, as fears over Middle East supply disruptions faded and expectations built for another large OPEC+ production increase.

The 12-day war that started with Israel



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Tags: AddsAnticipatedeasinggeopoliticalhikeLossesoilOPECproductionRisksUSONYSEARCA
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