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Oil falls as Saudi Arabia cuts crude prices amid weak China demand; US output struggles
- Oil prices are under pressure due to Saudi Arabia's price cuts and poor economic data from China.
- WTI crude experienced its longest losing streak since November 2023, with seven consecutive weeks of decline.
- China's declining consumer prices and reduced crude oil imports indicate weakening demand.
March 10, 2025

Why did Saudi Arabia cut April oil prices for Asia?
March 7, 2025