Oil Market Softens; Saudi Arabia Cuts Asia Prices

Oil is trading lower for a fifth day. Key market gauges indicate that supplies are outstripping demand, And Saudi Arabia slashed its official crude oil selling prices to Asia by the most since February. Su Keenan reports on Bloomberg Television. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: