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Tag Archives: Saudi Arabia Oil Prices

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Saudi Arabia Oil Prices Plunge After China ‘Black Monday,’ Business Leaders Debate Production Restrictions

As oil prices sank Monday to a six-year low, with Brent crude oil falling nearly 6 percent to less than $45 per barrel, economists, financial analysts and Saudi Arabian businessmen said it was time for OPEC to reduce production to stabilize the price of oil. Oil prices have ...

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