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Oil falls towards $44, lowest since May, on glut worries - Reuters
Reuters | Oil falls towards $44, lowest since May, on glut worries Reuters Brent crude is still up more than 60 percent from a 12-year low near $27 in January, but the rally has petered out on signs that the supply glut will persist and as economic jitters raised concern about the strength of oil demand. Global benchmark ... Forget The Glut – This Is Why Oil Prices Will Rise Oil closes at the lowest since April 25 amid threat of global glut Crude Slump, Pipeline Expansion Mark End of US Oil-Train Boom |
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