Production

Oil falls to below $30 as glut grows, output cuts eyed

Brent posted first loss after six consecutive sessions of gains

Oil price: Brent settled down $1.25, or 4%, at $29.72 a barrel
Oil price: Brent settled down $1.25, or 4%, at $29.72 a barrelPhoto: REUTERS/SCANPIX
  • Reuters
Published 6 May 2020, 21:52Updated 6 May 2020, 21:52
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