Oil Extends Recovery on Optimism Supply Cuts Will Trim Glut
The SCF Provider crude oil tanker is anchored in the Pacific Ocean in this aerial photograph taken above Long Beach, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)

Oil Extends Recovery on Optimism Supply Cuts Will Trim Glut

(Bloomberg) -- Oil’s recovery from last month’s epic plunge accelerated as production cuts start to whittle down a supply glut and more economies ease their coronavirus lockdowns.
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