Brent crude futures settled down US$1.32, or 1.96%, at US$66.12 a barrel, while US West Texas Intermediate crude ended US$1.40, or 2.2%, lower at US$62.27.
HOUSTON: Oil prices slipped 2% on Wednesday as sources said Opec+ would consider accelerating its oil output increases in June, but losses were curbed following a report that US President Donald Trump may cut tariffs on Chinese imports.
Brent crude futures settled down US$1.32, or 1.96%, at US$66.12 a barrel, while US West Texas Intermediate crude ended US$1.40, or 2.2%, lower at US$62.27.
