Oil lower again

Oil prices have declined overnight following some strong gains Wednesday

Steve Randall
Oil prices have declined overnight following some strong gains Wednesday. Prices are still higher than they were at the start of Wednesday’s trading day but are approaching a 2 per cent loss as weak Japanese export data combined with China’s sluggish economy suggested that demand would be lower. That’s despite the increased draw on US stockpiles which added almost 6 per cent to prices Wednesday.
 

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