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Futures Movers: Oil prices fall as U.S. crude supplies rise a 7th straight week and Saudi Arabia moves to boost output

11 Mar 2020

Oil futures fall Wednesday, pressured by U.S. government data reporting domestic crude supplies rose for a seventh week in a row, and by Saudi Arabia’s move to increase output capacity, as it intensifies a price war with Russia that sent crude prices tumbling to four-year lows this week.


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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

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