Oil prices slump as Saudis cut prices

Oil prices slump as Saudis cut prices

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Oil futures slumped Monday, under pressure after Saudi Arabia cut crude prices to all regions and as surveys showed higher production by members of the Organization of the Petroleum Exporting Countries. • West Texas Intermediate crude for February delivery CL00, CL.1, CLG24, fell $2.24, or 3%, to…

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