<ul><li>Crude oil prices are set for a weekly decline as OPEC+ plans to increase output by 411,000 barrels daily in July.</li><li>Brent crude is trading at $64.06 per barrel and West Texas Intermediate at $60.80 per barrel, down 2% from Monday.</li><li>A stronger U.S. dollar, fueled by significant spending cuts in the energy sector, is impacting the oil market.</li><li>Demand for crude oil storage in the U.S. has nearly doubled in recent weeks, with U.S. crude oil inventories also showing a weekly climb.</li></ul>

Oil Set for Weekly Dip on OPEC+ Output Plans

Discover more