Express.co.uk | Saudi's row with Qatar sinks oil prices to lowest level of 2017 Express.co.uk Michael Baxter, economics commentator for The Share Centre said: "When news first broke of the diplomatic row, many analysts assumed the likely response might be a hike in the oil price, but in fact, markets have assumed that it will now be even harder ... Oil stuck below $50-a-barrel as Qatar rift with Arab states escalates; South Africa slips into recession as economy ... Stocks dip, dollar steadies as oil sinks on Mideast rift Oil prices finish lower after Middle East countries cut Qatar ties |