Doha: Oil prices slid on Thursday, extending a decline of more than 2% in the previous trading session, as investors and traders look ahead to a weekend meeting of OPEC+ where producers are expected to consider another increase in output targets.
According to Qatar News Agency, Brent crude fell 27 cents, or 0.40%, to $67.33 a barrel, while US West Texas Intermediate crude fell 28 cents, or 0.44%, to $63.69 a barrel. OPEC+ will consider further increases to production in October at a meeting on Sunday.