Oil Trades Near Two-Month Low as Rig Gains Add to Glut Concerns – Bloomberg

Oil Trades Near Two-Month Low as Rig Gains Add to Glut Concerns
Bloomberg
Oil traded near the lowest close in more than two months as U.S. producers increased drilling for a fourth week, raising speculation a global glut will persist. Futures were little changed in New York after slipping 3.8 percent last week. Rigs …
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