Oil prices stumble, hit June lows on Saudi price cut

Covid-19 flare ups also weighed on prices

Oil price: Brent crude settled down 5.3% at $39.78 a barrel — Oil price: Brent crude settled down 5.3% at $39.78 a barrelPhoto: REUTERS/SCANPIX

Reuters

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Published 8 September 2020, 22:03Updated 8 September 2020, 22:03