Oil Buoyed by Production Cuts Even as Glut Looms Over Market
Oil tanker vessels sit moored near oil storage silos at the Port of Rotterdam, in Rotterdam, Netherlands. (Photographer: Yuriko Nakao/Bloomberg)

Oil Buoyed by Production Cuts Even as Glut Looms Over Market

(Bloomberg) -- Oil edged lower for the week after paring losses following the dramatic collapse on Monday that saw prices in New York plunge below zero for the first time in history.
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