Friday 10 April 2020
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businessmirror - 14 days ago

Oil rally falters with demand angst countering U.S. stimulus progress

Oil’s recovery rally faltered as mounting evidence of the demand devastation being wrought by the coronavirus outweighed progress on a US economic rescue package. Futures in New York fell around 2 percent to near $24 a barrel after rallying 9 percent over the previous three days. The US Senate approved a $2 trillion stimulus plan [ ]


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