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Crude oil prices face weekly decline as glut fears persist - Reuters
Reuters | Crude oil prices face weekly decline as glut fears persist Reuters LONDON Crude futures were on track for weekly losses on Friday as investors reassessed U.S. data on oil stocks and excesses in oil products in Europe and Asia. While many expect global oversupply of oil to ease in the near term, huge amounts of crude ... Oil settles down more than 2% amid gasoline stock build Oil Rally Hopes Crushed As Inventories Hit All-Time High Oil edges up in quiet Asian trade |
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