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 Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories coupled with worries about slower economic growth around the world offset ongoing concerns about tight crude supplies. One of the reasons for the rise in oil prices is the stronger dollar which makes oil more expensive and slow economic growth globally.

Oil prices rise for fourth day on supply worries

< 1 minute read

 Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories coupled with worries about slower economic growth around the world offset ongoing concerns about tight crude supplies. One of the reasons for the rise in oil prices is the stronger dollar which makes oil more expensive and slow economic growth globally.

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