Oil recovered some ground on Wednesday after slumping below $16 a barrel to its lowest since 1999, but prices remained near two-decade lows with the market awash with crude due to the economic fallout from the coronavirus pandemic.
— Read on www.reuters.com/article/us-global-oil/oil-steadies-after-hitting-lowest-this-century-on-coronavirus-crisis-idUSKCN224055
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