Oil Prices Decline Further Amid Plans to Boost Supply

Oil prices continued to decline as plans to increase supply were announced. This development comes amid global efforts to stabilize energy markets and address concerns over potential shortages. Industry experts suggest that the increase in supply could help moderate prices, providing relief to consumers and businesses affected by recent volatility. The move reflects a coordinated strategy among major oil producers to balance market demands and ensure adequate supply levels. — new from The New York Times

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