![Oil Hits 4-Month Low on OPEC+, API](https://cdn.statically.io/img/images.ctfassets.net/rbl6nw8n2c6i/7JoUoevcW3RtXVL8r8CAKa/a9a3d57b5b29c6aa46a10e1e32656887/oil.png)
Oil Hits 4-Month Low on OPEC+, API
Oil prices hit a 4-month low on June 4 despite OPEC+ extending its production cuts into 2025. The beginning of voluntary increase, an unexpected inventory build and signals of a slowing US economy have experts discussing the future of oil markets.