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Oil Down, Sigh of Relief as OPEC+ Reaches Supply Agreement

Oil was down Monday morning in Asia, with prices falling more than 1%. Investors continued to digest the Organization of the Petroleum Exporting Countries and allies (OPEC+) agreement to boost output that was reached over the weekend. Brent oil futures fell 1.16% to $72.74 by 11:41 PM ET (3:41 AM GMT) after falling nearly 3% during the previous week. WTI futures slid 1.17% to $70.72, after rolling over to the Sep. 21 contract on Jul. 18. Under the agreement reached on Sunday, the carte


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