Oil prices fluctuate but remain lower

WORLD oil prices seesawed this week, albeit on a downward trend, as traders digested mixed global headlines.

Oil prices fluctuate but remain lower Oil prices fluctuate but remain lower Oil prices fluctuate but remain lower Oil prices fluctuate but remain lower Oil prices fluctuate but remain lower

Both New York’s West Texas Intermediate and Singapore’s Tapis prices plummeted mid-week following comments by Saudi Arabian Oil Minister Ali Al-Naimi that further OPEC production cuts were not needed

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