


| Oil Eases on Weak Demand Outlook as U.S. Debates Lockdown Exit |
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(Bloomberg) -- Oil retreated from a five-week high in Asia after a warning on the risk of the U.S. making a premature exit from its coronavirus lockdown turned the spotlight back on a weak demand outlook. Futures in New York fell as much as 2.2%, after surging 6.8% on Tuesday to the highest close since April 6.
Posted: 2020-05-13 01:05:00
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