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September 01, 2020 10:18am
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Crude Oil Reaches Lows Not Seen Since 2001

As crude oil heads into the next contract month for futures, WTl prices sank another 13% on Friday, dropping to their weakest level since November 2001. The accelerating pace of the drop in the oil market reveals that the record-setting OPEC+ production cuts aren’t were not as effective as a...
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