Ever Increasing U.S. Oil Inventories Overshadow Demand Optimism
A pedestrian walks by oil barrels stacked beyond security fencing at a facility in South Africa. (Photographer: Waldo Swiegers/Bloomberg)

Ever Increasing U.S. Oil Inventories Overshadow Demand Optimism

(Bloomberg) -- Oil slid after U.S. petroleum inventories climbed to a record for the second week in a row, more than offsetting signs of a recovery in fuel demand.
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