Oil prices extend losses as oversupply worries drag

FILE PHOTO: An offshore oil rig is seen in the Caspian Sea near Baku, Azerbaijan, October 5, 2017. REUTERS/Grigory Dukor

SINGAPORE (Reuters) – Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight the United States for market share, checking a recent rally driven by tighter global production. Brent crude oil futures were at $71 a barrel at 0431 GMT, down 18 cents, or […]

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