Oil prices down –

Oil prices fell today after OPEC+ decided over the weekend to further speed up oil output hikes, spurring concerns about more supply coming into a market amid looming demand uncertainties. Brent Crude was trading almost 1.3 per cent down at 60 dollars and 50 cents per barrel. WTI Crude was also down by one and half per cent at 57 dollars and 41 cents per barrel, when reports last came in.