Oil slides on new US ‘Liberation Day’ tariffs, OPEC+ meeting

The move by OPEC+ to boost supply in May is opportunistic and capitalizes on the expected stagnation in non-OPEC production, according to Rystad Energy’s Global Head of Commodity Markets - Oil, Mukesh Sahdev.

Kartavya News

Apr 5, 2025 - 07:30

Oil slides on new US ‘Liberation Day’ tariffs, OPEC+ meeting

The move by OPEC+ to boost supply in May is opportunistic and capitalizes on the expected stagnation in non-OPEC production, according to Rystad Energy’s Global Head of Commodity Markets - Oil, Mukesh Sahdev.

Oil slides on new US ‘Liberation Day’ tariffs, OPEC+ meeting

​The move by OPEC+ to boost supply in May is opportunistic and capitalizes on the expected stagnation in non-OPEC production, according to Rystad Energy’s Global Head of Commodity Markets - Oil, Mukesh Sahdev.

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The move by OPEC+ to boost supply in May is opportunistic and capitalizes on the expected stagnation in non-OPEC production, according to Rystad Energy’s Global Head of Commodity Markets - Oil, Mukesh Sahdev.