Crude oil turns lower as oversupply concerns outweigh U.S.-China trade talks

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 futures fell Wednesday after the previous session's technical rebound, as concerns about rising OPEC+ production that had dragged down oil price earlier this week outweighed positive signs of U.S.-China trade talks and a second weekly draw in U.S. crude inventories.

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