Oil falls as economic fears overshadow Saudi output cut

News Snapshot:

Published Jun 05, 2023 08:58PM ET Updated Jun 06, 2023 05:01AM ET © Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/ LCO -1.90% Add to/Remove from Watchlist CL -2.07% Add to/Remove from Watchlist By Rowena Edwards LONDON (Reuters) - Oil prices tumbled more than $1 a barrel on Tuesday, after a strong rally in the previous session as worries about the global economic growth outweighed Saudi Arabia's pledge to deepen output cuts. futures were down $1.33, or 1.73%, to $75.38 a barrel by 0923 GMT. U.S. West...