Oil falls 2 percent on Russia output rise, potential Saudi price cut

NEW YORK (Reuters) - Oil fell by more than 2 percent on Monday, pressured by a rise in Russian production, expectations that Saudi Arabia will cut prices of the crude it sends to Asia and a deepening trade spat between China and the United States.

from Reuters: Top News http://uk.reuters.com/article/uk-global-oil/oil-falls-2-percent-on-russia-output-rise-potential-saudi-price-cut-idUKKCN1H9016?feedType=RSS&feedName=topNews