Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
1. Goldman Sachs cuts oil price forecasts by $5 due to recession fears. 2. OPEC+ to increase crude oil output by 411,000 barrels per day. 3. JPMorgan raises global recession odds to 60%, impacting oil demand. 4. Oil prices fell 6% after OPEC+'s unexpected production increase. 5. Market volatility expected with tariffs and OPEC's production adjustments.