(Bloomberg) -- Oil rose for a second session even as Saudi Arabia signaled concerns over the demand outlook with cuts to its crude prices.Most Read from...
-- Oil rose for a second session even as Saudi Arabia signaled concerns over the demand outlook with cuts to its crude prices .Modi Vows to Retain Power Even as Party Loses India Majority
Oil has trended lower since early April on a dour outlook from top importer China and as geopolitical tensions eased. Supply from rivals of the Organization of the Petroleum Exporting Countries and its allies has also increased, raising concerns over whether the market can absorb the extra OPEC+ barrels.
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