Oil hovers near 18-year low as coronavirus-led demand hit outweighs OPEC production cuts

Business Insider

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· *Oil prices remain near 2002 levels as the demand hit from the coronavirus pandemic outweighs historic production cuts from OPEC. *
· *US West Texas Intermediate futures rose slightly Thursday to $20.53 per barrel, but didn't break above the key level. Brent crude gained nearly 4% to $28.75 per barrel the same...

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