—Oil prices declined Monday on investors’ concerns that the U.S. and Russia—two of the world’s top oil producers—could each increase output and beef up recently-tightening global supplies. —West Texas Intermediate futures, the U.S. oil benchmark, fell 0.5% to $63.56 a barrel on the New York Mercantile Exchange. Prices hit a five-month closing high of $64.61 a barrel last Wednesday.
Source: Wall Street Journal April 15, 2019 15:00 UTC