Oil prices plunge as US inventories jump and worries build over China demand

Oil prices plunge as US inventories jump and worries build over China demand

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None Oil prices plummeted on Thursday as traders took in higher US inventories and waning demand in China. • None The US crude inventories jumped by 3.6 million barrels last week, the EIA said Wednesday. • None Meanwhile, China's oil refineries saw output slump, stoking concerns about waning fuel…

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