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Saudi Arabia Deepens Oil Cuts as Weak Demand Weighs on Prices

Kingdom says it will reduce output by another 1 MMbbl/d in June.

It is the first time a national chain has sold petrol in the UK at this price since February 2016.

Willie Walsh said the job retention scheme cash would only buoy BA for a matter of days.

U.S. crude collapsed this year, and remains down about 60% from January despite a recent rally.

Halliburton, the largest provider of hydraulic fracturing services in North America, in March said it would furlough 3,500 employees in Houston.

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