Oil prices were lower today on worries that OPEC+ would not be able to support prices by limiting global supplies. “It seems like OPEC is losing the battle to keep prices higher,” said Matt Smith of shipping tracking firm Kpler, noting that non-OPEC producers like the U.S. have stepped up to fill the supply gap. Separately the EIA said US crude output rose to a record 13.3MM/bpd last week. Recent attacks carried out in support of Palestinians by Yemeni Houthi militant group on vessels headed towards Israeli ports have forced major maritime carriers to steer clear of the Red Sea, causing global trade disruptions. WTI traded down $.33 to close at $73.89. Brent traded down $0.31 to close at $79.39.