Oil prices drop $2 with most Asian markets closed for holidays
05-05-2025 06:05 via baytoday.ca

Oil prices drop $2 with most Asian markets closed for holidays

HONG KONG (AP) — Oil prices fell more than $2 a barrel early Monday after the OPEC+ group of oil producing nations said it plans to increase output. U.S. futures fell U.S. benchmark crude oil sank $2.21 or 3.8% to $56.
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