25MAY2018 - NEWS - Oil prices fell slightly on Friday as Russia hints to increase production gradually

On Friday oil prices fell slightly as Russia hinted that it may gradually increaset the production. The Brent crude futures were down by around 10 cents from their last close and the U.S. West Texas Intermediate (WTI) crude futures were down by around 9 cents from their previous settlement values. Both West Texas Intermediate (WTI) crude and Brent crude serves as the benchmark for oil pricing globally.