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Oil prices mixed on output cuts and rising COVID-19 cases
Aug. 25, 2020
Source: Reuters

Oil prices mixed on output cuts and rising COVID-19 cases

Crude oil prices were mixed on Tuesday. Brent crude oil added 14 cents to $45.27 a barrel, while U.S. WTI crude was down 4 cents, at $42.58 a barrel. The prices were so as Energy companies moved to massive production cuts in the U.S. Gulf Coast from Tropical Storms Marco and Laura against rising coronavirus cases in Asia and Europe.

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