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Oil prices extend losses as OPEC+ said to assess another production hike (USO:NYSEARCA)

Seeking Alpha · last updated
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil prices settled lower for a third straight session on Thursday, as the possibility of another large production increase by OPEC+ for July added to concerns that global supply could outpace demand growth.

Another increase of 411K bbl/day for July

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