Oil drops after Saudi Arabia cuts prices, China slows imports
LONDON: Oil prices fell on Monday after Saudi Arabia made its largest monthly price cuts to supply Asia in five months and uncertainty over Chinese demand obscures the market recovery. Brent was trading at $ 42.03 a barrel, down 63 cents or 1.5%, at 3:55 p.m. GMT, after slipping earlier to $ 41.51, its lowest […]
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