Oil tumbles 4 percent; Saudi Arabia cools on output freeze

Oil tumbles 4 percent; Saudi Arabia cools on output freeze
02 April 2016, London — Oil tumbled about 4 percent on Friday after a Saudi prince reportedly said the kingdom will not freeze output without Iran and other major producers doing so, and data showed the global crude glut was likely to grow. The dollar .DXY firmed after stronger-than-expected U.S. jobs data, which also weighed […] More »
Oil tumbles 4 percent; Saudi Arabia cools on output freeze Oil tumbles 4 percent; Saudi Arabia cools on output freeze Reviewed by Crude Oil Facilitators on 11:27 Rating: 5

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