Oil prices slump as Saudis cut prices
Oil futures start the week with a tumble as Saudi price cuts underline fears about demand.
Source: marketwatch.com
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Oil futures start the week with a tumble as Saudi price cuts underline fears about demand.
Oil futures start the week with a tumble as Saudi price cuts underline fears about demand.
Stocks closed higher on Monday as tech stocks were lifted by a pullback in Treasury yields.
Saudi Aramco on Sunday said it would cut crude prices to all regions, including its largest market in Asia --- a move that comes amid weaker global oil prices.
U.S. crude exports could be on track to break record as a result of attacks on shipping in the Red Sea, says veteran oil analyst.