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Oil rebounds from rout on signs of strong product demand

Updated : December 20, 2018 06:08 AM IST

Sentiment remains negative, however, as investors grapple with weakening demand and worries about oversupply.
Crude inventories fell by 497,000 barrels in the week to Dec. 14, smaller than the decrease of 2.4 million barrels analysts had expected.
Oil rebounds from rout on signs of strong product demand
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