Oil extends losses into second session; Russia, OPEC output in focus


Oil extends losses into second session; Russia, OPEC output in focusOil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a recent sharp rally driven by tighter global production. Brent crude oil futures were at $71.08 a barrel at 0111 GMT, down 10 cents, or 0.1 percent, from their last close. Brent ended down 0.5 percent on Monday.



Tags: Science, Russia, Opec, Brent

Source:  https://news.yahoo.com/oil-extends-losses-second-session-russia-opec-output-015024535--finance.html