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2021 April 21   09:30

Oil prices decrease amid returning COVID-19 risks

Oil prices fell by 0.72%-0.81%

As of April 21 (07:36, Moscow time), Brent Crude futures for June settlement were trading 0.72% lower to $66.09 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for June delivery on the New York Mercantile Exchange fell by 0.81% to $62.16 a barrel.

Oil prices decrease on return of COVID-19 risks.

OPEC+ earlier agreed to increase production by 350 thousand barrels per day in May, and the same in June, then 400 thousand barrels per day in July.

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