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Oil up on supply outlook but slowdown worries weigh

Updated : January 23, 2019 09:29 PM IST

A widespread economic slowdown, which may dent growth in demand for fuel, has weighed on energy prices, but some analysts believe that as supply tightens the market may be pretty balanced going forward.
Crude prices had fallen 2 percent on Tuesday as financial markets reeled from concerns over the global economy, pushing investors towards safe-haven assets such as government bonds or gold.
Oil up on supply outlook but slowdown worries weigh

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