OPEC+ plan to lift output pulls Brent oil to lowest price since September
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2025
0mins
Source: MarketWatch
Oil Price Decline: Oil futures fell to their lowest levels since September following OPEC's announcement to reduce production curbs in April.
Economic Concerns: The decline in crude prices is attributed to worries about the economic outlook, exacerbated by new U.S. tariffs and retaliatory measures from Canada and China.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
