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Oil prices recover from sharp losses caused by U.S. stockpile surge

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Home Blogs > Business
Apr 16 '20 | By oiam2companyadmin | Views: 53 | Comments: 0

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Oil prices ticked up on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.
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Source: https://www.reuters.com/article/us-global-oil/oil-prices-recover-from-sharp-losses-caused-by-u-s-stockpile-surge-idUSKCN21Y042?feedType=RSS&feedName=businessNews

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