Crude Oil Prices Plunged as Saudi Damped Hopes of Output Freeze Deal Again

Energy prices continued to trade with high volatility as oil producers meet in Algeria. Sentiment was dampened as Saudi Arabia signaled no expectations to reach any agreement at the meetings. Saudi's energy minister Khalid al-Falih also noted that Iran, Libya and Nigeria should be allowed to produce at maximum levels.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/crude-oil-prices-plunged-as-saudi-damped-hopes-of-output-freeze-deal-again-2016092833631/