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Tag Archives: u.s. inventories

Oil slips, worries about world economy offset U.S. crude stocks draw

SINGAPORE – Oil slipped on Thursday as weak data from the world’s top economies raised concern about the outlook for global fuel demand, offsetting data that showed a large drawdown in U.S. crude stockpiles last week. China, the world’s top energy consumer, saw its economy losing more steam in April despite easier monetary policy, while Europe’s largest economy, Germany, slowed ...

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