A view shows the al-Shuaiba oil refinery in Basra, Iraq. Oil prices slumped on Thursday, May 4, 2017, as OPEC faces a dilemma whether to extend production cuts. Photo: Reuters

Global oil glut sends prices tumbling to its lowest in five months

Topic |   Energy

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A view shows the al-Shuaiba oil refinery in Basra, Iraq. Oil prices slumped on Thursday, May 4, 2017, as OPEC faces a dilemma whether to extend production cuts. Photo: Reuters
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