Oil prices fall amid OPEC+ output hike hopes
Oil prices declined 1 per cent on Monday, driven by reduced geopolitical tensions in the Middle East and expectations of increased OPEC+ production in August. Brent crude futures dropped 66 cents, or 0.97 per cent, to $67.11 per barrel with the August contract nearing expiry. The September contract fell 83 cents to $65.97. U.S. West […]