Crude Oil Prices Fall Amid Rising Global Supplies

Global oil supplies are rebounding due to increased flows through the Strait of Hormuz and OPEC+ raising production targets, putting downward pressure on crude prices. Meanwhile, gasoline prices rose after hitting a 3-week high.

By Rich Asplund Mon, July 6, 2026 at 10:15 PM GMT+3 4 min read · Yahoo Finance · July 6, 2026, 19:15 UTC

Crude Oil Prices Fall Amid Rising Global Supplies

Topics: crude oil gasoline prices global supply OPEC+ Saudi Arabia

Read the full article at Yahoo Finance

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