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QP - The Week in Crude Oil Markets - February 3, 2020
Crude oil futures continued their downward slide last week, with March WTI opening last Monday at $53.70/bbl and settling Friday at $52.92/bbl. Front month WTI opened lower this morning at $51.01/bbl. Coronavirus concerns continue to dominate the headlines and market participants are bracing for a sharp slowdown in refined product demand as China takes aggressive efforts to contain the spread of the disease and countries around the world impose restrictions on air travel from......
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