Amid expectations to increase OPEC+ production .. Oil prices land with more than 3%

Oil prices fell by more than two dollars a barrel in the start of Asian trading today, Monday, with the direction of the “OPEC+” coalition to accelerate the frequency of increased production.

Brent crude futures decreased $ 2.04 a barrel, or 3.33% to $ 59.25 a barrel by 22:40 GMT, while US West Texas Intermediate crude fell $ 2.10 or 3.60% to $ 56.19 a barrel.

Both decades touched their lowest levels since the ninth of April at the opening of the trading on Monday, after “OPEC+” agreed to accelerate oil production increases for the second month in a row, so that production in June increased by 411 thousand barrels per day.