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Oil Prices Drop Amid Broader Selloff

by Bloomberg |Tuesday, April 20, 2021 Oil slumped the most in two weeks. (Bloomberg) -- Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the world’s top oil importers highlighted the uneven road to recovery. West Texas Intermediate fell 1.5% to the lowest in a week as S&P 500 Index headed for its first back-to-back decline since late March. The rampant virus spread in countries such as India is casting a shadow on optimism over the global econ...
New York United States Saudi Arabia John Arnold Bart Melek Geoffrey Mansfield

Oil Edges Higher Toward $64 on Weaker Dollar, Demand Optimism

Apr 21 2021, 10:54 AM April 20 2021, 5:53 AM April 21 2021, 10:54 AM (Bloomberg) -- Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the world’s top oil importers highlighted the uneven road to recovery. (Bloomberg) -- Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the world’s top oil importers highlighted the uneven road to recovery. West Texas Intermediate fell 1.5% to the lowest in a...
New York United States Saudi Arabia John Arnold Bart Melek Geoffrey Mansfield

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