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Oil cut production

Oil cut production latest

Oil Prices Under Pressure As Demand Turns Bearish
July 26th, 2020 - 06:00 GMT

Oil Prices Under Pressure As Demand Turns Bearish

Oil prices moved with considerable momentum at the start of the week, touching four-month highs. But by the end of the week, Brent crude had settled at $43.34 per barrel. WTI also edged up to $41.34 per barrel. Energy Information Administration data showed weakening gasoline demand after a surge in the number of coronavirus cases. The outlook for crude oil demand in the US turned bearish as the latest weak ...
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