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Monday, 31 August 2020

Oil holds near $43 as hurricane Laura's passing brings Covid-19 back in focus

Refiners on the US Gulf Coast halted around a third of gasoline and diesel production as Laura approached, yet the market impact was relatively muted. West Texas Intermediate crude futures started the week at $42.48 a barrel and ended it close to $43.

from Hindustan Times - business https://ift.tt/3gDUM8l
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