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Oil mixed on easing lockdowns, looming storage shortage

Oil prices were mixed today as optimism about the easing of coronavirus-related restrictions reassured markets, but traders remained cautious with storage capacities filling up fast and supply cuts not deep enough to counter falling demand.
Business • 28 Apr 20

Oil heads for steep weekly slide after Covid-19 turmoil

Oil prices were broadly steady today but were headed for their third weekly loss as production shutdowns failed to keep pace with sliding demand due to the coronavirus crisis.
Business • 24 Apr 20

Oil rallies on Gulf tensions and output cuts

Oil prices rose today, spurred by rising tensions in the Middle East, output cuts by producing nations to tackle oversupply and the promise of more government stimulus to ease the economic pain of the new coronavirus pandemic.
Business • 23 Apr 20

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