Oil rises on forecast U.S. output drop as coronavirus ravages demand
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Article by:
Aaron Sheldrick, Reuters
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Date Published:
April 14, 2020
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Who was cited:
FGE
Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world’s biggest crude producer would fall by a record amount in April, adding to cuts from other major producers.
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