Oil drops after OPEC+ reaffirms supply return as demand wavers


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.

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Brent , WTI , OPEC

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