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The Nexus
BUSINESSMay 7 · 13:40 UTCBLOOMBERGJonathan Ferro, Lisa Abramowicz, Annmarie Hordern

Citi Sees Oil ‘Moving Around Like Crazy’ in Hope-and-Fear Dance

Oil prices are fluctuating wildly, creating a sense of hope and fear in the market. The Inglewood Oil Field in Culver City, California, is one location where oil extraction is taking place. This volatility is affecting the industry as a whole.

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