Oil drops by more than $ 1 after Saudi prices drop, demand optimism fades

Oil drops by more than $ 1 after Saudi prices drop, demand optimism fades

SINGAPORE: Oil prices fell more than $ 1 a barrel on Monday, reaching their lowest level since July, after Saudi Arabia made the largest monthly price cuts for supplies to Asia in five months , as optimism about a recovery in demand has cooled amid the coronavirus pandemic. Brent was at $ 41.75 a barrel, […]

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