Home Page : Archive News : February 2016 News : Oil down 4%; Saudi oil minister says no output cut | |
Oil down 4%; Saudi oil minister says no output cut | |
February 24, 2016 Oil prices fell 4 percent on Tuesday after Saudi Oil Minister Ali Al-Naimi ruled out any production cuts. Source: http://www.cnbc.com/2016/02/22/oil-dips-as-rising-iranian-output-to-counter-falling-us-shale-production.html |