Oil quotations fell by more than $2 per barrel during morning trading in Asia on Monday. At market opening, both benchmark grades fell to their lowest levels since April 9 amid OPEC+'s decision to accelerate production build-up for the second month in a row, increasing June volumes by 411,000 bpd. This will be the eighth increase and will bring the cumulative increase for April-June to 960 thousand barrels per day. According to sources in OPEC+, the alliance may completely abandon voluntary restrictions on production by October, if the member countries do not better monitor compliance with quotas.If the price is confidently fixed under the April low, the risks of further decline towards the area of $40.00-50.00, where support may be met.