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    Oil Prices Keep Slipping As Demand Drops By Record Amounts

    The International Energy Agency says the industry is about to test the limit of how much oil it can transport and store, given the phenomenal drop in demand caused by the coronavirus pandemic.
    by Camila Domonoske Apr 15, 2020 1 minute
    An oil tanker sits at the port of Ras al-Khair in Saudi Arabia in December. The world is approaching the limits of its capacity to store and ship oil, thanks to an unprecedented glut.

    Updated at 11:45 a.m. ET

    The global oil industry is about to test just how much crude oil it can transport and store, according to an intergovernmental agency, as disappearing oil demand creates an unprecedented glut of crude oil.

    The imbalance is

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