OPEC+ Boosts Output Amid Oil Price Slide | Edmonton News

OPEC+ just pumped more oil—188,000 barrels a day—marking its fifth straight month of production hikes, as prices plummet to pre-war lows. With Iran now allowing ships through the Strait of Hormuz after a U.S. truce, global supply is slowly returning, but tensions remain high and traffic hasn’t fully recovered. Brent crude now trades below $72, down from $120 in March, and experts warn fuel prices will stay elevated even after the conflict ends. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5c21a77561194082