Oil prices hover near January lows amid surging supply

Reuters – Oil prices steadied on Thursday after falling to near 5-month lows in the previous session, but sentiment remained weak as markets are under pressure from rising U.S. supply and a stalling economy. Front-month Brent crude futures were at $60.78 at 0246 GMT. That was 15 cents, or 0.3%, above last session’s close. U.S. […]

Oil prices hover near January lows amid surging supply

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