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Crude prices fall on concerns of U.S. riots, even as OPEC meeting advanced

May 31, 2020 - Nasdaq

B y Jessica Resnick-Ault NEW YORK, May 31 (Reuters) - Oil prices fell due to concerns about riots in major U.S. cities that could staunch demand after trading higher on optimism that OPEC would extend or enhance production cuts at a meeting in June. Riots over the weekend engulfed major U.S. cities on Saturday night, and more violence was feared Sunday over the death of George Floyd in police custody. What began as peaceful demonstrations over the death of Floyd, who died as a white Minneapol...