6 months Oil falls after Trump pressures OPEC to raise output MB |Biz
By Reuters Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after U.S. President Donald Trump demanded that producer club OPEC raise output. The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside their headquarters in Vienna, Austria December 7, 2018. (REUTERS/Leonhard Foeger/File Photo / MANILA BULLETIN) Brent crude futures were at $71.72 per barrel at 0039 GMT, down 43 cents, or 0.6 percent, from their last close. US West Texas Intermediate (WTI) crude futures were at $62.92 per barrel, down 38 cents, or 0.6 percent, from their previous settlement. ... more