Oil drops as market awaits ratification of OPEC+ supply cut

FILE PHOTO: An employee holds a sample of crude oil at the Yarakta oilfield, owned by Irkutsk Oil Co, in the Irkutsk region, Russia on March 11, 2019. REUTERS/Vasily Fedosenko//File Photo

TOKYO (Reuters) – Oil slipped in early Asian trade on Friday, with U.S. crude moving further away from a two-month high after OPEC agreed to increase output curbs in early 2020 but failed to promise further steps after March. Brent futures <LCOc1> were down 21 cents, or 0.3%, at $63.18 by 0258 GMT. West Texas […]

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