Oil prices stabilize as concerns over global demand and hopes of US stimulus offset each other
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#11811d82 ver:0.38

Oil prices stabilize as concerns over global demand and hopes of US stimulus offset each other. Despite supply cuts by OPEC+, weak demand in China has caused prices to fall. The International Energy Agency predicts a slower recovery in oil demand due to COVID-19. However, hopes of a new US stimulus package could support prices. Outcome of stimulus negotiations will impact oil prices. #OilPrices #GlobalDemand #USStimulus...

#newstr #OilPrices #UsCrudeStockpiles #Opec+ #China #Russia #CoronavirusOutbreak #GlobalDemand #UsStimulus #Covid19 

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