Oil drops more than 3 percent as economic outlook weakens, U.S. supply surges

March 8, 2019 admin Business News Comments Off on Oil drops more than 3 percent as economic outlook weakens, U.S. supply surges

Oil prices dropped more than 3 percent on Friday on a worsening economic outlook after the European Central Bank warned of continued weakness and fresh data showed U.S. job growth almost stalled in February.

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Source:: Reuters – Business News