Oil Prices Head Lower In Calmer Trade ...Middle East

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Oil Prices Head Lower In Calmer Trade
source : OILPRICE ( Middle East ) () 34
Oil prices turned lower on Monday morning ET in a relatively calm and steady thin trade due to the Easter holiday. As of 9:35 a.m. EDT on Monday, the U.S. benchmark WTI Crude was down by 0.29% at $80.43, and the international benchmark, Brent Crude, was down by 0.39% on the day at $84.74. Oil booked a major 7% gain last week, which was a day shorter due to Good Friday. The jump in prices last week followed the surprise announcement of several major OPEC+ producers that they would voluntarily cut total crude oil production by 1.66 million barrels…

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