Oil Futures Slip Following Post-OPEC+ Gains -- Market Talk

Dow Jones

2025/07/08

0929 ET - Crude futures are steady to lower after gaining yesterday despite another big OPEC+ output increase for August. "While concerns over rising supply have flattened the curve beyond the summer, prompt prices continue to find support from an expected demand peak in August 2025," Mukesh Sahdev of Rystad Energy says in a note. OPEC+ is also addressing bearish concerns related to non-compliance and overproduction by some members, and the postponement of the U.S. tariff deadline to Aug. 1 has also helped support prices, he adds. WTI is off 0.3% at $67.71 and Brent slips 0.2% to $69.44. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

July 08, 2025 09:29 ET (13:29 GMT)

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OPEC+ is also addressing bearish concerns related to non-compliance and overproduction by some members, and the postponement of the U.S. tariff deadline to Aug. 1 has also helped support prices, he adds. WTI is off 0.3% at $67.71 and Brent slips 0.2% to $69.44. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","POST":"Post Holdings","BK4588":"碎股","UCO":"二倍做多彭博原油ETF","DDG":"ProShares做空石油与天然气ETF","BK4212":"包装食品与肉类","SCO":"二倍做空彭博原油指数ETF","DWT":"三倍做空原油ETN","BK4570":"地缘局势概念股","USO":"美国原油ETF","DUG":"二倍做空石油与天然气ETF(ProShares)"},"translate_title":"石油期货继欧佩克+后上涨后下跌——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLmain":1,"POST":1,"USO":1,"QMmain":1,"BZmain":0.6,"UCO":1,"SCO":1,"DUG":0.6,"DDG":0.6,"DWT":0.6},"content_text":"0929 ET - Crude futures are steady to lower after gaining yesterday despite another big OPEC+ output increase for August. \"While concerns over rising supply have flattened the curve beyond the summer, prompt prices continue to find support from an expected demand peak in August 2025,\" Mukesh Sahdev of Rystad Energy says in a note. OPEC+ is also addressing bearish concerns related to non-compliance and overproduction by some members, and the postponement of the U.S. tariff deadline to Aug. 1 has also helped support prices, he adds. WTI is off 0.3% at $67.71 and Brent slips 0.2% to $69.44. (anthony.harrup@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  July 08, 2025 09:29 ET (13:29 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}