Brent oil prices drop by 2 percent as traders expect output rise after OPEC deal

June 25, 2018 admin Business News Comments Off on Brent oil prices drop by 2 percent as traders expect output rise after OPEC deal

SINGAPORE (Reuters) – Brent crude oil prices fell by more than 2 percent early on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.

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Source:: Reuters – Business News