Oil heading towards biggest first-half drop in two decades

Oil prices ended down more than 2 per cent after hitting a 10-month low in volatile trade, as growing US production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut.

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Source:  http://www.smh.com.au/business/energy/oil-heading-towards-biggest-firsthalf-drop-in-two-decades-20170621-gwvzxh.html