OIL BRIEF: Crude Heads for Biggest Monthly Drop Since 2008
By Christopher Sell
Oil headed for its biggest monthly decline in 10 years as Russia reiterated it’s comfortable with current prices, just a week before it meets with OPEC to discuss possible production curbs; Crude hinges on Saudi Arabia’s dilemma of busting the budget or angering Trump; As prices plunge, China is grabbing every cargo it can get.
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