Oil Closes Under $20 for Second Day Amid Historic Demand Loss
Oil pumping jacks, also known as “nodding donkeys”, operate in an oilfield near Almetyevsk, Tatarstan, Russia. (Photographer: Andrey Rudakov/Bloomberg)

Oil Closes Under $20 for Second Day Amid Historic Demand Loss

(Bloomberg) -- Oil closed under $20 a barrel for a second day as projections that demand will fall to a 30-year low outweighed an agreement by the world’s biggest producers to curb supply.
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