Oil extends sharp losses after Trump signals US won’t punish Saudi Arabia after Khashoggi killing
|11/20/2018||Posted by BusinessMediaguide.Com under General World News||
- Oil slid further into a bear market Tuesday, hitting fresh one-year lows.
- Prices have fallen about 25% from recent peaks.
- Watch oil trade in real time here.
Crude prices hit their lowest level since 2017 on Tuesday, sliding further into a bear market after President Donald Trump signaled the US would not punish Saudi Arabia, the world’s largest oil exporter, over the killing of Washington Post journalist Jamal Khashoggi in its Istanbul consulate.