3 years ago
Oil falls after White House says OPEC should boost production to support the economic recovery
Oil prices fell on Wednesday after the White House called on OPEC and its allies to increase oil production to support the global recovery from the pandemic. Futures for West Texas Intermediate crude traded 0.85% lower at $67.73 per barrel. Earlier in the session the contract traded as low as $66.67 per barrel. International benchmark Brent crude slipped 0.82% to $70.05.
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