Talk about lifting oil supply pushes oil prices down
There are expectations that Opec+ will boost oil output from April
02 March 2021 - 12:26
London — Oil prices slipped on Tuesday as expectations that top producers would agree to raise oil supply in a meeting this week weighed on sentiment, already hit by concerns over slowing Chinese demand.
Brent crude dropped 24 US cents, or 0.4%, to $63.45 a barrel by 9.40am GMT, after losing 1.1% the previous day. US West Texas Intermediate (WTI) crude fell 18c, or 0.3%, to $60.46 a barrel, having lost 1.4% on Monday...
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