Oil falls to $42 as Barkindo resumes at OPEC

Global oil benchmark, Brent crude, fell by over three per cent on Monday to around $42 per barrel amid worries about growing glut in the market. A Reuters survey on Friday found that output from the Organisation of Petroleum Exporting Countries likely rose in July to its highest in recent history as Iraq pumped more […]

Oil falls to $42 as Barkindo resumes at OPEC

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