Oil inched slightly lower as traders assess a multitude of new development
Oil inched slightly lower as traders assess a multitude of new development
International benchmarks for crude oil ended the Monday, 6 June 2022 trading session slightly lower as the market took a breather to assess the OPEC+ decision to increase production outputs more than expected while Saudi Arabia lifted July crude prices to Asia.
Brent loses 21 cents to close at $119.51/barrel.
WTI dropped 37 cents to close at $118.50/barrel.