Oil slides after three straight beneficial properties as Russia downplays extra OPEC+ cuts (NYSEARCA:XLE)

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock through Getty Photos

Vitality (NYSEARCA:XLE) sank to the underside the S&P sector leaderboard on Thursday, -1.8%, with crude oil falling sharply after Russia downplayed the probability of additional OPEC+ manufacturing cuts on the cartel’s June 3-4 assembly.

Russian Deputy Prime Minister Alexander Novak reportedly

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