Oil markets opened June 2025 with optimism after OPEC+ reaffirmed its commitment to a moderate production hike of 411,000 barrels per day for July — the same pace as in June. This move was widely anticipated by analysts and helped stabilize crude prices amid ongoing concerns of global economic fluctuations.

Industry analysts view this decision as a strategic balance, aiming to meet rising demand in the summer months without overwhelming the market with excess supply. Traders saw the decision as a positive sign of consistency from OPEC+, avoiding surprises and enabling better market positioning.