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Oil Benchmarks Diverge After OPEC Deal

Oil prices diverged Monday in a arise of a weekend preference by OPEC and a allies to start ramping adult production, with U.S. prices shutting a opening on a tellurian benchmark.

Light, honeyed wanton for Aug smoothness climbed 0.3% to $68.76 a tub on a New York Mercantile Exchange, entrance off a best day given Nov 2016 on Friday. Brent crude, a tellurian benchmark, declined 1.7% to $74.28 a barrel.

The…

Article source: https://www.wsj.com/articles/oil-benchmarks-diverge-after-opec-deal-1529925578

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