Tokyo — Oil prices eased on Thursday after Opec and allies such as Russia agreed to taper record supply curbs from August, though the drop was cushioned by hopes for a swift US demand pickup after a big drawdown from the country’s crude stocks.
Brent crude fell 27 US cents, or 0.6%, to $43.52 a barrel by 4.39am GMT, and US West Texas Intermediate (WTI) crude dropped 32c, or 0.8%, to $40.88 a barrel. They rose 2% the previous day, helped by the US crude inventories drop...
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