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Business

Oil drops more than $1 after Saudi price cuts, demand optimism fades

NewsColony
Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July. The drop is coming after Saudi Arabia made the deepest...
Business

Oil prices hold near multi-week lows on demand worries

NewsColony
Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...