Oil prices have fallen sharply to multi-year lows following OPEC+ decisions to accelerate production. The latest agreements have led to a notable slump, with U.S. crude oil prices dropping over 4% and global markets reacting negatively. The anticipated supply boost threatens to overwhelm demand, especially amid concerns from ongoing trade wars and economic slowdowns. Reports indicate that the latest meeting of OPEC+ has prompted Wall Street to reassess projections, as the industry braces for potential wild price fluctuations. As a result, oil prices are on track for their largest monthly decline since recent years, with forecasts of a turbulent market ahead.