OPEC+ Surges Oil Production
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crude oil futuresCNBC
•Business
Business & Economics
U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

74% Informative
OPEC+ agreed to increase output by another 411,000 barrels per day in June .
OPEC+ surprised the market by agreeing to surge production in May by the same amount.
The June production hike is nearly triple the 140,000 bpd Goldman Sachs had originally forecast.
U.S. crude oil futures fell more than 4% on Sunday .
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