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Oil bounces by $1 per barrel after 6-percent plunge, but outlook still weak

Oil bounces by $1 per barrel after 6-percent plunge, but outlook still weak

Oil prices saw an advance of around $1 per barrel on Wednesday after plunging by more than 6 percent the previous day, lifted by a report of a surprise fall in U.S. commercial crude inventories as well as record Indian crude imports.
Source: CNBC RSS

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