Finance

Crude rebounds after selloff stokes output concerns

Benchmark futures climb more than 3% after latest Opec+ production announcement triggered sharp selloff on Monday

A component from an oil pumpjack lays on the ground in Runge, Texas.
A component from an oil pumpjack lays on the ground in Runge, Texas.Photo: AFP/SCANPIX
Enterprise editorLondon
Published 6 May 2025, 15:46Updated 6 May 2025, 15:46
Oil PriceOpecOpec+