Oil falls more than 4% as Saudi price cut heightens global demand worries

Oil falls more than 4% as Saudi price cut heightens global demand worries

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An employee in a branded helmet is pictured at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Oil declined more than 4% on Monday after Saudi Arabia slashed its prices, raising renewed worries that the market is oversupplied at the same time as demand is weakening. The West…

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