Story perspectives

OPEC+ Production Boosts Stocks, Oil Prices Remain Steady

5/28/2025

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Summary

Story summary

Oil futures fell as OPEC+ plans to increase production in July.
Improved U.S.-EU trade relations lifted equities but failed to impact oil prices.
WTI crude is trading above $60, with solid support between $55 and $58.
Forex.com identifies key resistance levels for WTI at $63 to $65.

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Story summary

Oil futures fell as OPEC+ plans to increase production in July.
Improved U.S.-EU trade relations lifted equities but failed to impact oil prices.
WTI crude is trading above $60, with solid support between $55 and $58.
Forex.com identifies key resistance levels for WTI at $63 to $65.