Oil slides after three straight gains as Russia downplays more OPEC+ cuts (NYSEARCA:XLE)


Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Energy (NYSEARCA:XLE) sank to the bottom the S&P sector leaderboard on Thursday, -1.8%, with crude oil falling sharply after Russia downplayed the likelihood of further OPEC+ production cuts at the cartel’s June 3-4 meeting.

Russian Deputy Prime Minister Alexander Novak reportedly

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