Crude oil futures slipped to a sevenweek closing low, as U.S. refinery maintenance and unplanned outages cut short-term demand and led to forecasts of increased inventories.
The front-month April contract, in its last day of trading, finished $2.97 a barrel lower than the May contract, which analysts said indicated demand for crude is low now.
The front-month April contract, in its last day of trading, finished $2.97 a barrel lower than the May contract, which analysts said indicated demand for crude is low now.
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