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The broader risk-off flow dominated some........>

OIL
OIL: The broader risk-off flow dominated some (marginal) constructive signs re:
the global oil producer pact, with WTI & Brent sitting $1.10 & $0.80 below their
respective settlement levels at typing, as COVID-19 worry returned to the fore.
- Although it comes as no real surprise, IHS Markit noted that H120 will see
China achieve the largest ever build in crude stockpiles witnessed over that
horizon, dwarfing anything that has been seen before on the international stage.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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