Oil Prices Fall After Postponement of Saudi Arabis and Russia Meeting

Oil prices fell on Monday after Saudi Arabia and Russia postponed a meeting at which  should discuss cuts in production that could help reduce the global oversupply of raw materials….

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“Sharp Fluctuation in Oil Prices due to Sanctions”

Polnymus, chief executive of the BP oil giant, told the CNBC network that ambiguity surrounding Iran’s oil industry, ahead of US sanctions, could trigger a sharp fluctuation in oil prices….

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