Reported about 12 hours ago
Oil prices fell over $2 a barrel as OPEC+ announced plans to increase output by 411,000 barrels per day starting June 1. U.S. crude dropped to $56.08 per barrel, influenced by traders' concerns over the impact of U.S. trade policies. Most Asian markets remained closed for holidays, while Wall Street continued to regain lost ground with a positive job report, despite concerns over rising tariffs affecting the economy.
Source: YAHOO