News Desk — April 2, 2018 at 5:49 pm — Updated: April 2, 2018 at 5:49 pm

Oil falls 2 percent on Russia output rise, potential Saudi price cut

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NEW YORK (Reuters) – Oil fell by more than 2 percent on Monday, pressured by a rise in Russian production, expectations that Saudi Arabia will cut prices of the crude it sends to Asia and a deepening trade spat between China and the United States.

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