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07/05/2020 - 06:07

Oil falls to below $US30 as glut grows

07/05/2020 - 06:07

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Oil dropped 4 per cent overnight to below $US30 a barrel as US crude stockpiles ticked up and diesel inventories swelled, offsetting OPEC-led cuts in production and hopes for a recovery in demand as some countries ease coronavirus lockdowns.

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