Crude Dips on Saudi’s Oil­field Ex­pan­sion

The Economic Times - - Commodities Plus -

Oil prices fell on Mon­day on a re­port OPEC king­pin Saudi Ara­bia could main­tain its to­tal pro­duc­tion ca­pac­ity with the ex­pan­sion of an oil­field, fu­elling fears over the global sup­ply glut. US bench­mark West Texas In­ter­me­di­ate for de­liv­ery in June shed 54 cents to $43.19 a bar­rel.

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