Falling oil prices send stocks
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Oil Prices Drop on Market-Flooding Concerns
1557 ET – Sanctions placed on Iranian oil by the EU were overshadowed by reports of OPEC+ increasing the production coming out of member oil refineries. “It appears that the market wants to believe that OPEC is going to flood the market,” says Phil ...
Oil price drop seen hitting exporters disproportionately Angola faced a margin call after bond market rout Nigeria's carry trade stops being attractive on oil fall Gulf exporters likely to weather pressure better thanks to reserves, lower debt NAIROBI ...