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Oil prices continued to fall on Thursday morning in Asia, as markets took into account the possibility of higher output from the Organization of the Petroleum Exporting Countries (OPEC).Crude Oil WTI Futures for July delivery were trading at $71.69 a barrel at 11:15PM ET (03:15 GMT), down 0.21%. Brent Oil Futures for July delivery, traded in London, were down 0.34% at $79.53 per barrel.

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Oil jumps after Saudis, Russia say supply cut to be extended to March 2018 Oil prices jumped on Monday after the energy ministers of top producers Saudi Arabia and Russia jointly said that an OPEC-led crude production cut would be extended from the middle of this year until March 2018. FOR JOINING OUR SERVICES LOG ON www.honestadvise.com OR CALL @7617537676