TOKYO: Oil prices fell on Thursday after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging and many U.S. refiners, a key source of crude demand, remained offline.
Brent crude was down by 15 cents, or 0.2%, at $71.44 a barrel by 0650 GMT, after dropping 4 cents on Wednesday. U.S. oil fell 20 cents, or 0.3%, to $68.39 a barrel, after rising 9 cents in the previous session.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!