Oil settles at $45.72, down 5.1% at 5-week low, after big US stockpile rise – CNBC

Oil settles at $45.72, down 5.1% at 5-week low, after big US stockpile rise
CNBC
Oil prices slid nearly 5 percent on Wednesday after the U.S. government reported an unexpected increase in crude inventories, fanning fears that output cuts by major world oil producers have not drained a global glut very much. Crude stocks in the …
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