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Oil Hovers Near Seven-Month Low on Surplus Stocks | Alga Processing
Data shows the market remains awash in surplus oil Crude Oil: $44.73 barrel, Natural gas: $2.933/MMBtu, Gold:$ 1272.80 per troy oz News: Crude futures stabilized on Thursday, after tumbling earlier in the week, with investor sentiment battered by data showing that the market remains awash in surplus oil. Brent crude, the global oil benchmark, edged …