Crude Plunges as Saudi Price Cuts Signal Weak Energy Demand

Crude Plunges as Saudi Price Cuts Signal Weak Energy Demand

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February WTI crude oil (CLG24 ) this morning is down -3.31 (-4.48%), and Feb RBOB gasoline (RBG24 ) is down -7.30 (-3.47%). Crude oil and gasoline prices this morning are sharply lower, with gasoline falling to a 3-1/2 week low. Concern that global oil demand is worsening is undercutting crude...

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