- May 2nd, 2019
Oil prices fall as U.S. output hits record; global markets still tense
Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.
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Oil prices fell on Thursday, pulled down by record U.S. crude production that led to a surge in stockpiles.
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British wholesale gas prices fell on Wednesday morning as a ramp up in imports from Norway contributed to an oversupplied system.
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Oil prices dipped on Wednesday after a report showed a rise in available U.S. crude inventories, but the market remained tense amid an intensifying political crisis in Venezuela, tightening U.S. sanctions on Iran and continuing OPEC supply cuts.
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