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Oil Prices: Oil Drops More Than $1 After Saudi Price Cuts, Demand Optimism Fades - The Economic Times

by economictimes.indiatimes.com posted 2weeks ago 214 views
U.S. West Texas Intermediate crude skidded 91 cents, or 2.3%, to $38.86 a barrel. Front-month prices initially hit a low of $38.55 a barrel, a level not seen since July 10.

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