Friday, August 28, 2026

Oil falls US$1 after deep Saudi price cuts spur demand concerns

SINGAPORE: Oil prices fell about US$1 on Monday, extending losses after the world’s top exporter Saudi Arabia slashed crude contract prices for Asia over the weekend, reflecting well-supplied global markets and concerns over the outlook for demand. Read full story

Source : https://www.thestar.com.my/business/business-news/2021/09/06/oil-falls-us1-after-deep-saudi-price-cuts-spur-demand-concerns

spot_img

Latest Articles