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Brent oil futures plummet 25% after Saudi Arabia cuts selling prices

Published by Alexander Bueso on 8th March 2020

(Sharecast News) - Crude oil futures are hurtling lower following Saudi Arabia's decision to slash its official selling price, marking the start of a price war after the Organisation of Petroleum Exporting Countries's failure to strike an agreement with the Russian Federation during the previous week to curb production.

URL: http://www.digitallook.com/dl/news/story/30352335/...

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