18JUN2018 - NEWS - Oil prices fell on Monday due to expectations that OPEC may rise production

On Monday fell prices as China threatened duties on US crude imports in a trade dispute with Washington. Fall in oil prices were also supported due to expecations of rise in supply by OPEC and non OPEC member Russia. US West Texas Intermediate (WTI) crude futures were down to a level $63.59 per barrel where as Brent crude futures were down by around 36 cents from their previous settlement values.