11JUN2018 - NEWS - Oil prices fell on Monday due to rise in supplies by Russia and US

On Monday oil prices fell as the oil drilling activity in US rose to a highest level since Mar 2015. The decrease in oil prices were also supported by the increasing output in Russia. Brent crude futures were down by around 9 cents and the U.S. West Texas Intermediate (WTI) crude futures were down by around 11 cents from their previous settlement values.