Oil Prices Keep Dropping as World's Tanker Fleet Amasses 1 Billion Barrels
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Oil Prices Keep Dropping as World's Tanker Fleet Amasses 1 Billion Barrels
Oil held losses after a third week of declines as traders took stock of mounting evidence that a long-anticipated surplus is finally starting to emerge. More than 1 billion barrels have been amassed on the world's tanker fleet, according to according to consultant Vortexa. Many experts say surging production could push the market into surplus ...
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