# U.S. crude oil rises after OPEC+ increases output at steady rate

> U.S. crude futures rose about 3% on June 2 after OPEC+ increased output at a steady pace. WTI closed at $62.52 a barrel and the U.S. rig count fell to its lowest since 2021. The market was relieved that the group did not boost output faster.

- Date: 2025-06-02 · published 2025-06-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/24127-u-s-crude-oil-rises-after-opec-increases-output-at-steady-rate
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Easing fears of a faster OPEC+ unwind supported crude prices, which feeds into diesel and freight costs for feed buyers. The falling rig count also suggests tighter future US supply.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2025/06/02/us-crude-oil-rises-after-opec-increases-output-at-steady-rate.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.