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Full Tanks & Tankers: A Stubborn Oil Glut Despite OPEC Cuts

After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying millions of barrels of crude from storage tanks. Investors hailed the drawdowns as the beginning of the end…
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HAVE YOU HUGGED A FRACKER TODAY? Full tanks and tankers: a stubborn oil glut despite OPEC cuts. After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying mi...

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