Oil prices drop slightly

Global oil prices dropped slightly on Monday morning, though demonstrating stability despite the decline, Report informs, citing the trading data.

June futures for Brent oil dropped by 0.03% to $86.28 per barrel and June futures for WTI fell 0.05% to $82.38.

Investors are waiting for the forecast of US oil production in May, which the Energy Information Administration (EIA) under the country's Department of Energy will release on Monday evening.