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Oil was anchored near $33 a barrel as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand.

By Sharon Cho
and James Thornhill
May 25, 2020, 1:21 AM GMT+3 Updated on May 25, 2020, 6:53 AM GMT+3
China warns that some in U.S. are pushing toward new Cold War

WTI crude futures edge higher after declining 2% on Friday

Oil was anchored near $33 a barrel as an escalating war of words between the U.S. and China added to caution over the prospects for a

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