Oil Down As Producers Continue to Grapple With Oversupply
By Administrator_India Capital Sands Oil was down on Monday morning in Asia, unable to hold onto its gains from the previous session. Brent oil futures lost 3.57% to $25.66 and WTI futures slid 8.04% to $18.19, even as a 10-million-barrel daily cut in production agreed to by OPEC+ in early April coming into effect on Friday. Brent futures have fallen almost 60% this year, hitting […]