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Oil slips below $80 after Saudi pledges rapid output rise

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Oil slips below $80 after Saudi pledges rapid output rise
22 October 2018, News Wires — Oil slipped below $80 a barrel on Monday as Saudi Arabia pledged to raise its crude production to a record, two weeks before U.S. sanctions potentially choke off Iranian crude supplies. Saudi Energy Minister Khalid al-Falih told Russia’s TASS news agency that his country had no intention of unleashing a … More »
Oil slips below $80 after Saudi pledges rapid output rise Oil slips below $80 after Saudi pledges rapid output rise Reviewed by Crude Oil Facilitators on 18:11 Rating: 5

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