Oil falls ahead of expected OPEC+ output increase


CALGARY (Reuters): Oil futures slipped slightly in thin holiday trading on Friday evening, as the market looked ahead to this weekend's OPEC+ meeting and the likelihood that member countries will decide to raise output.

Brent crude futures settled down 50 cents, or 0.7%, at $68.30 a barrel while US West Texas Intermediate crude was down 50 cents, or 0.75%, at $66.50 just before 1300 EDT (1700 GMT). Trade was sparse due to the U.S. Independence Day holiday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Oil Prices , Fall , Week-Ending

Next In Aseanplus News

Anwar slams criticism of Malaysia's humanitarian aid in Gaza
Aaron-Wooi Yik beat Indonesian rivals in dramatic opener in Hangzhou
Finland PM apologises to Asian countries over MPs' mocking posts
Asean News Headlines at 10pm on Wednesday (Dec 17, 2025)
Thai PM Anutin urges Cambodia to negotiate if it acts rationally amidst escalating border tensions
Singaporean man fined for posting vape content on social media, possession of vapes
China says Philippines distorted facts about incident near disputed atoll
Man to be charged with driving under influence of etomidate in first such case in Singapore
Cambodia, Thailand agree to attend Asean Foreign Ministers meet in KL, says PM
Singaporean cop charged with causing grievous hurt to woman in accident while driving police vehicle

Others Also Read