WSJ City: Oil Susceptible to Swift Sell-off, Retailers Battle Weak Pound
Good morning from the WSJ City desks in London. WSJ City is the app that delivers fast, smart news on mobile for London. Download for iPhone or Android. Here’s essential reading on today’s developments.
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The price of oil is susceptible to a swift sell-off should OPEC and other giant producers not agree to an extension of crude production cuts this month, analysts say. If that deal is not extended, prices could drop below $40, a level not seen for over...