Oil prices extend losses on Opec+ considers another output hike


People walking past an Opec logo during a climate change conference —Reuters

OIL prices slid on Thursday, extending a decline of more than 2% in the previous trading session, as investors and traders look ahead to a weekend meeting of OPEC+ where producers are expected to consider another increase in output targets.

Brent crude fell 27 cents, or 0.40%, to $67.33 a barrel by 0114 GMT, while U.S. West Texas Intermediate crude fell 28 cents, or 0.44%, to $63.69 a barrel.

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Oil , Brent , WTI , gas , LNG , crude , Opec

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