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Oil falls over 2% on weaker demand growth, gain in U.S. crude stocks

Wednesday, June 12, 2019 - 01:51

Oil prices fell more than 2% on Wednesday, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite expectations of extended supply cuts led by OPEC. David Pollard reports.

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Oil prices fell more than 2% on Wednesday, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite expectations of extended supply cuts led by OPEC. David Pollard reports.

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Oil falls over 2% on weaker demand growth, gain in U.S. crude stocks

Wednesday, June 12, 2019 - 01:51