Oil Prices Steady as Markets Await OPEC+ Meeting

Singapore, Oil prices steadied in Asian trading on Monday as markets awaited an OPEC+ meeting on June 2 where producers are expected to discuss maintaining voluntary output cuts for the rest of the year.The Brent crude July contract was up 24 cents to $82.36 a barrel. The more-active August contract rose 29 cents to $82.13.US West Texas Intermediate (WTI) crude futures rose 28 cents to $78 per barrel.The producers will discuss whether to extend voluntary output cuts of 2.2 million barrels per day into the second half of the year.Source: Qatar News Agency