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Home» Articles posted by Sharon Cho and Alex Longley

Oil Plunges Back Below $12 With ETF Sell-Off Adding to Pressure

Posted on April 27, 2020 by Sharon Cho and Alex Longley in Transport Topics

Oil slumped below $12 a barrel as the biggest oil ETF said it will sell out of its June WTI futures position, adding to the downward pressure from a huge glut.

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