Global benchmark oil prices traded as much as $3 a barrel lower as the market opened for Monday's trading session, reflecting fears of oversupply after Saudi Arabia and Russia postponed to Thursday a meeting about a potential pact to cut production.
UK: Oil prices slide 7% after producers' meeting is postponed
![UK: Oil prices slide 7% after producers' meeting is postponed]()
Reviewed by Shahid Karimi
on
April 05, 2020
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