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Market Extra: Tightening oil storage picture underlines urgency for production cuts

9 Apr 2020

With much of the world’s economy locked down to limit the spread of the coronavirus pandemic and major oil producers flooding the world with crude, investors are pondering where all that oil is going to go, adding urgency to efforts by the Organization of the Petroleum Exporting Countries and its allies to reach an agreement on output cuts.


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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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