Oil drops by more than a dollar after Saudi prices drop, demand optimism fades

Oil drops by more than a dollar after Saudi prices drop, demand optimism fades

FILE PHOTO: The sun sets behind a crude oil pump jack on a drilling rig in the Permian Basin in Loving County, Texas, US November 24, 2019. REUTERS / Angus Mordant SINGAPORE (Reuters) – Oil prices fell more than $ 1 a barrel on Monday, reaching their lowest level since July, after Saudi Arabia made […]

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