News Snapshot:
© Reuters. By Barani Krishnan Investing.com – Oil prices had their first meaningful drop in a week on Monday on uncertainty over production hikes that OPEC+ would likely agree to this week amid rising Covid cases in Asia. New York-traded , the benchmark for U.S. oil, settled down $1.14, or 1.5%, at $72.91 per barrel. It was the lowest settlement for WTI since June 22. London-traded , the global benchmark for oil, finished the session down $2.04, or 2.7%, at $74.14. Prior to the selloff, WTI hit a 2018 high of $76.20 on Friday, while Brent hit a near three-year...
