Oil Falls and Gasoline Futures Dip on Saudi Price Cuts and Weak Asian Recovery
almost 4 years in theepochtimes
The price of oil plunged by over 1.5 percent and gasoline futures similarly dipped lower intraday on Sept. 7, as Saudi Arabia slashed prices of Asian crude supply and lackluster economic recovery in China clouds expectations for a pickup in demand. Brent crude was trading at $41.91 a barrel, down 75 cents or 1.8 percent, […]
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