Oil prices plunged to a near four-year low on Monday morning which pundits expect will continue to push petrol prices lower.

OPEC+ agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision follows a surprise move in April by agreeing to a bigger-than-expected output hike for May despite ...

Dow Jones Industrial Average futures (YM00) were down around 270 points, or 0.7%, as of 10 p.m. Eastern. S&P 500 futures (ES00) and Nasdaq-100 futures (NQ00) were off about 0.8%.

Oil futures slipped in the early Asian session after OPEC+ on Saturday agreed to increase output in June for a second consecutive month.

Oil prices plummeted over $2 a barrel as OPEC+ plans to further increase oil output, raising concerns about a potential ...