Oil posts biggest drop in six weeks, flipping to contango for first time since July

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Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil prices tumbled Thursday to their lowest levels since early July on continued concerns over weak global oil demand, following U.S. data confirming that crude stockpiles added 3.6M barrels to the highest level since August, including a build at the



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