


| Oil Extends Drop After Saudi Price Cuts Show Demand Concern |
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(Bloomberg) -- Oil extended its retreat below $40 a barrel after Saudi Arabia cut pricing for October crude sales as demand stuck below pre-Covid levels. Futures in New York dropped after Saudi Aramco reduced its key Arab Light grade more than expected for shipments to Asia, a signal that fuel....
Posted: 2020-09-07 20:24:00
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