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Oil Prices Hit 2-Month High as Demand Optimism Extends Rally Ahead of WTI Contract Expiry
Oil Prices Hit 2-Month High as Demand Optimism Extends Rally Ahead of WTI Contract Expiry
Oil continues its May rally, which has added nearly 70% to U.S. crude prices, as demand hopes and production cuts tempt speculators and the global economy slowly emerges from coronavirus lockdowns.