OIL PRICE: NEAR $25
REUTERS - APRIL 1, 2020 - Oil slid to $25 a barrel on Wednesday, within sight of its lowest in 18 years, as a report showing a big rise in U.S. inventories and a widening rift within OPEC heightened oversupply concerns.
Pledges of higher output from Saudi Arabia and Russia after a supply pact collapsed and a slide in demand due to the coronavirus outbreak have hammered the market.
Global benchmark Brent crude fell 66% in the first three months of 2020 in its biggest ever quarterly…
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