Oil Falls More than $2/bbl

Oil Falls More than $2/bblSingapore, 5 May (ONA) —- Oil prices fell more than $2 a barrel in early Asian trade today as OPEC+ is set to further speed up oil output hikes.
Brent crude futures dropped $2.15 a barrel, or 3.51%, to $59.14 a barrel, while US West Texas Intermediate crude was at $56.03 a barrel, down $2.26, or 3.88%.—- Ends/Khalid