Oil Prices Slump as Saudis Slash Export Costs Amid G7 Stockpile Release
· thestockmarketwatch.com
Oil futures retreated sharply on Monday as traders reacted to a surprise pricing strategy from the world’s largest exporter. Saudi Aramco (2222) lowered its
Key Takeaways
Oil prices fell nearly 2% on Monday, with WTI dropping 1.8% to $89.43 and Brent falling 1.9% to $100.32 following a major price cut by Saudi Arab...