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Oil Prices Slide on Bearish Supply Outlook - Wall Street Journal
Wall Street Journal | Oil Prices Slide on Bearish Supply Outlook Wall Street Journal Oil prices fell Thursday as bearish supply data turned the market's focus back on global oversupply. Data Wednesday showed U.S. oil inventories rose to their highest level since 1982 and production continued to increase. U.S. crude fell 2.6% to be at ... WTI oil futures edge lower as record-high US supplies weigh Massive Oil Inventories Factor Into Market Prices Oil edges higher towards $62, ample supplies still weigh |
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