Down $0.60
The price of WTI crude oil futures for June delivery solid $24.14. That is down $0.60 on the day
The July contract fared worse with a decline of $1.09. It settle at $25.08. The June contract expires in 2 days.
Crew prices jumped on reports that Saudi Aramco would look to cut production by an additional 1 million barrels in June in an attempt to rebalance the markets.
