Brent and WTI may end the current week in the red.
Oil prices continued to fall on Thursday after a significant decline the day before.
WTI and Brent closed Monday trading at their lowest levels since June 18.
July WTI futures closed Thursday trading at a 2.5-year high.
In April, the daily oil production by the parties increased by 100 thousand barrels.
Data from the US Department of Energy showed a decrease in oil stocks in the country last week by 7.99 million barrels.