Oil fell for a 12th consecutive day in its longest losing streak on record after U.S. President Donald Trump criticized Saudi Arabia’s plan to cut production. Futures in New York fell as much as 1.8 percent, extending a drop of over 11 percent since Oct. 26. Prices “should be much lower based on supply!” Trump said in a tweet, after Saudi Energy Minister Khalid Al-Falih said producers need to cut about 1 million barrels a day from October production levels. The kingdom unveiled a plan over the weekend to reduce its shipments by about half of that amount next month. A slump in U.S. equity markets and the dollar rising ... (full story)