Oil prices decline for the second session in a row in response to decrease of US reserves
On 28 May 2020 (08:09, Moscow time), Brent Crude Oil futures price fell by 2.19% to $33.99 per barrel, Light (WTI) for June delivery fell by 3.41% to $31.69 per barrel.
On 12 April 2020, OPEC+ approved new oil output cut by 9.7 million bpd in May-June, 7.7 million bpd in the second half and 5.8 million bpd by May 2022.