Oil prices drop as OPEC+ accelerates output hikes, surplus looms
Oil prices fell by more than $1 a barrel on Monday to settle at multiyear lows, as an OPEC+ decision to expedite its output hikes stoked fears about rising global supply at a time when the demand outlook is uncertain. Brent crude futures settled at $60.23 a barrel, down $1.06, or 1.7%. U.S. West Texas […]
Oil prices drop as OPEC+ accelerates output hikes, surplus looms Read More ยป