Bloomberg News
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Oil Prices Dive as Output Soars and Demand Falls
Posted
June 17, 2019
Views
278
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4
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2.16%
June 17, 2019
278
4
2
2.16%
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1:01Now PlayingRecord output by U.S. shale producers and falling global demand have driven oil prices into bear territory. Production cuts by OPEC+ have failed to stop the slide as geopolitical and trade pressures further impact the market.
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