Oil Prices Fall As Saudi Arabia Dampens Prospects of Output Freeze — Fortune

Oil prices fell on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month, and as analysts pointed to an ongoing supply overhang that was weighing on markets. International benchmark Brent crude oil prices were trading at $49.46 per barrel at 06:58 GMT, down 21 cents from…

via Oil Prices Fall As Saudi Arabia Dampens Prospects of Output Freeze — Fortune

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