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Oil prices rise on stimulus package, fuel demand sinks

FILE PHOTO: Chevron oil exploration drilling site near Midland
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NEW YORK (Reuters) - U.S. crude prices rose slightly on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, but government data shows the coronavirus pandemic started to hurt U.S. fuel demand last week.Demand for oil products, especially jet fuel, is falling dramatically as governments globally announce nationwide lockdowns to slow the spread of coronavirus. Fuel..
Date Published: Mar 25, 2020
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