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Crude oil is getting crushed this week

Saudi oil minister: Oil supply cut on track

Crude oil is getting crushed this week due to new signs the oil glut isn’t going away just yet.

Oil prices dropped an additional 3% on Tuesday, briefly slipping below $45 a barrel, after a government report revealed that stockpiles of crude unexpectedly skyrocketed.

Article source: http://rss.cnn.com/~r/rss/edition_business/~3/VTSOmxzntjM/index.html