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Oil prices tumble 2%, settling at $49.16, after reports of rising output from Saudi-led oil cartel - CNBC
CNBC | Oil prices tumble 2%, settling at $49.16, after reports of rising output from Saudi-led oil cartel CNBC Oil prices plunged back below $49 a barrel on Tuesday after more reports that OPEC's output rose last month despite the cartel's deal to slash production. A survey of analysts conducted by Bloomberg News suggested OPEC's July output rose by 210,000 ... Ways the US can hit Venezuela oil with sanctions Oil is plunging as OPEC supplies continue to balloon Crude Oil Tanks on new Production Data |
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