On Monday, closing crude values have plunged as ample U.S. supplies and excess speculative length balanced OPEC output curbs and rising tensions between the United States and Iran.WTI on NYME closed at $53.01/bbl, prices have decreased by $0.53/bbl in compared to last closing prices. While Brent on Inter Continental Exchange decreased by $0.84/bbl in compared to last trading and was assessed around $55.72/bbl.