Oil Updates: Crude price falls; Goldman Sachs cuts

RIYADH: Oil prices fell on Monday to their lowest in 15 months on concerns risks in the global banking sector may cause a recession that would lead fuel demand to decline and ahead of a potential hike in US interest rates this week. Brent crude futures for May settlement fell $2.32, or 3.2 percent, to $70.65 a barrel at 10:10 Saudi time. The contract earlier declined to as low

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