Oil Extends Losing Streak as Economic Woes Cloud Demand Outlook
The silhouette of an electric oil pump jack is seen at dusk in oil fields in Texas, U.S. (Photographer: Luke Sharrett/Bloomberg)

Oil Extends Losing Streak as Economic Woes Cloud Demand Outlook

(Bloomberg) -- Oil extended its longest losing streak in 10 months, even as investors ramped up bets that the U.S. Federal Reserve will cut rates this month to bolster a flagging economy.
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