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Oil Lingers Below $43 After Entering Bear Market on Glut Worries - Bloomberg
Bloomberg | Oil Lingers Below $43 After Entering Bear Market on Glut Worries Bloomberg A report Wednesday from the Energy Information Administration showed U.S. oil production increased to the highest since August 2015. A committee of OPEC and non-OPEC members meeting in Vienna this week is said to have wrestled with the issues of ... Oil bounces off 10-month lows; crude glut still weighs US crude bounces back, settles 0.5% higher at $42.74 but glut worries remain Oil slides below $45 a barrel for first time this year |
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