CME Group Inc.
09/29/2025 | Press release | Distributed by Public on 09/29/2025 15:43
WTI Crude Oil futures dropped on expectations of OPEC+ production increase.
WTI Crude Oil futures were trading lower after reaching a two-month closing high of $65.72 in the previous session. The primary driving factor was the expectation that OPEC+ would approve another production increase, creating heavy selling pressure. This decision moved WTI Crude Oil futures back into the lower-middle of its recent range, reinforcing the market theme of excess supply in the system.
CME Group Inc. published this content on September 29, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 29, 2025 at 21:43 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]