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Oil falls on record Saudi output; eyes G20 and OPEC - CNBC
CNBC | Oil falls on record Saudi output; eyes G20 and OPEC CNBC Oil prices fell on Tuesday, depressed by record Saudi Arabian production even as the kingdom tried to persuade other exporters to agree output cuts ahead of an OPEC meeting next week. Brent crude oil was down 70 cents a barrel at $59.78 by 0838 GMT, ... Crude oil price may soon hit $50: What it means for Indian economy? Falling oil prices put new pressure on US energy sector Perfect storm: Why the price of oil is diving |
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