Oil falls after Saudi Arabia, Russia delay meeting


LONDON/HONG KONG: Oil prices fell on Monday (April 6) after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the Covid-19 (coronavirus) pandemic pummels demand.

Brent crude fell more than US$3 when Asian markets opened but recovered some ground, with traders hopeful that a deal between the top producers was still within reach.

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Oil Ptices , Down Again , Opec+

   

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