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Oil skids after Saudi cuts prices, China slows imports

Oil prices were trading down more than 1% on Monday after hitting their lowest since July, as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months and optimism about demand recovery cooled amid the pandemic. Brent crude LCOc1 was at $42.11 a barrel, down 55...

UK PM gives October 15 deadline for Brexit deal

British Prime Minister Boris Johnson has given an October 15 deadline for a post-Brexit trade agreement with the European Union, brushing off fears about "no-deal" chaos if talks fail. The eighth round of negotiations resume in London this week, with both sides talking increasingly tough,...