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Oil falls 4% towards $28 on oversupply concerns

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Home Blogs > Business
Apr 15 '20 | By oiam2companyadmin | Views: 39 | Comments: 0

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Oil fell 4% towards $28 a barrel on Wednesday, pressured by reports of persistent oversupply and collapsing demand due to global coronavirus-related lockdowns and a lack of coordinated oil purchases for strategic storage.
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Source: https://www.reuters.com/article/us-global-oil/oil-falls-4-towards-28-on-oversupply-concerns-idUSKCN21X04E?feedType=RSS&feedName=businessNews

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