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Oil edges lower despite weak dollar as US stockpiles remain high - The Globe and Mail
The Economist | Oil edges lower despite weak dollar as US stockpiles remain high The Globe and Mail The Organization of the Petroleum Exporting Countries and some non-OPEC producers cut production from Jan. 1 to reduce record stocks of crude. But an oil price rally after the deal has been hobbled by data showing persistently rising U.S. stockpiles. Oil extends advance as US stockpiles drop first time this year Why too much oil in storage is weighing on prices Wall Street Keeps Faith in Oil Recovery Even as Prices Drop |
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