Oil Hits Multi-Month Lows as Saudis Cut Prices

Alan Apthorp
Daily Market News & InsightsDaily Market News & Insights

Markets are trading steepily lower this morning following a slew of bearish reports over the long weekend, sending crude oil to its lowest point since June. On Monday, Saudi Arabia lowered  its official selling price for October Arab Light crude, a product that sets the tone for Middle Eastern producers and signals weak demand in […]

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