Oil prices drop as small Opec producers don’t stick to plan
Opec+ failed to agree to hold meeting as smaller players have not stuck to their agreed output cuts, and as US fuel inventories soar
London — Oil prices dropped on Thursday on doubts over the ability of crude producers to agree to extend record output cuts, heightened by worries over a build in US fuel inventories.
Brent crude futures eased by 29c to $39.50 a barrel by 8.39am GMT, heading for its first fall in six sessions. US West Texas Intermediate (WTI) crude futures dropped 53c to $36.76...