Today’s Crude Oil News Update By (PaulCommodity.Com) More Update Contact Us : 7454938677

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Oil slipped below $40 a barrel on Thursday after a more than 5 per cent fall the previous session, as record-high US crude inventories and a resurgence in coronavirus cases cast doubt on a recovery in fuel demand.
Oil and equities were also pressured by a rise in coronavirus cases. New infections have surged in some US states and Australia posted its biggest daily rise in cases in two months.

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