Story perspectives
Oil Prices Drop Amid OPEC Cuts and Canadian Surge
9/29/2025
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Story summary
- Oil prices slip to Brent $69.45 and WTI $65.05.
- OPEC+ cuts and weak growth push a surplus by 2026.
- Canada posts a record 6.5 million barrels per day in July 2025; Enbridge and Pembina's $12 billion merger.
- Liquefied natural gas (LNG) projects are backed by the government. NRG Energy and Constellation Energy show growth and favorable ratings.
