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Mar 09, 2020 · The price of West Texas Intermediate oil, the U.S. benchmark crude, was down 25% to $31.19 shortly before 3 p.m. The commodity was trading … Oil prices going down - Oil (General) - Oil Price Community

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Russia, a non-OPEC member, refused to agree to OPEC’s demands to cut 1.5 million barrels of oil production a day, and that in turn led Saudi Arabian state oil giant Aramco to announce it would

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