Oil Extends Drop After Saudi Price Cuts Show Demand Concern
Workers repair the damaged facility at Saudi Aramco's Khurais oil field plant following a drone attack in Khurais, Saudi Arabia. (Photographer: Faisal Al Nasser/Bloomberg)

Oil Extends Drop After Saudi Price Cuts Show Demand Concern

(Bloomberg) -- Oil extended its retreat below $40 a barrel after Saudi Arabia cut pricing for October crude sales as demand stuck below pre-Covid levels.
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