The Globe and Mail | Oil falls 2 per cent on Russia output rise, potential Saudi price cut The Globe and Mail Oil fell by more than 2 percent on Monday, pressured by a rise in Russian production, expectations that Saudi Arabia will cut prices of the crude it sends to Asia and a deepening trade spat between China and the United States. Brent crude was down $1 ... Oil creeps up towards $70 Oil falls to $69 as earlier rally fizzles |