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Record oil output cuts fail to make waves in coronavirus-hit market

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Apr 13 '20 | By oiam2companyadmin | Views: 58 | Comments: 0

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The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are to restore market balance as the coronavirus shreds demand and sends stockpiles soaring, industry watchers said.
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Source: https://www.reuters.com/article/us-global-oil-opec-market/record-oil-output-cuts-fail-to-make-waves-in-coronavirus-hit-market-idUSKCN21V09I?feedType=RSS&feedName=businessNews

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