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             CRUDE OIL NEWS :

 

Oil prices rebounded on Friday in Asia after falling overnight amid more evidence of the coronavirus’ devastating impact on the U.S. economy.
The U.S. Crude Oil WTI Futures rose 1.7% to $22.98. after losing more than 7% earlier in the day. International Brent Oil Futures gained 0.9%, recovering slightly from the 8% losses overnight.

Both contracts are down about 60% so far this week.

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