


| Oil Nudges Lower as Production Cuts Start to Erode Oversupply |
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(Bloomberg) -- Oil eased in Asia after two weeks of gains, with escalating production cuts around the world starting to reduce the glut hanging over the market. Futures in New York fell 1.4%, after climbing 25% last week. Qatar Petroleum cut its official selling prices for April crude sales by 51%,....
Posted: 2020-05-11 01:04:00
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