Oil Prices Trade Lower Amid Reports that Russia Wants to End Output Restraint.

Oil costs exchanged lower on Tuesday in Asia on reports that Russia needs to end the present arrangement on yield restriction in June.

U.S. Raw petroleum WTI Futures slipped 0.1% to $63.34 , while International Brent Oil Futures was down 0.2% to $71.03.

Oil costs hopped over 30% so far in 2019, for the most part because of an arrangement by the Organization of the Petroleum Exporting Countries (OPEC) and its partners to check oil generation by 1.2 million barrels for each day from January for a half year.

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