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The Nexus
BUSINESSMay 10 · 16:30 UTCBLOOMBERGYongchang Chin, Sherry Su, Bill Lehane, Lucia Kassai

The Physical Oil Squeeze Eases for Now as Buyers Back Away

The physical oil squeeze has eased as buyers back away, indicating a potential shift in the oil market. This easing of the squeeze may lead to changes in oil prices and availability. The current situation may be temporary, and the market is waiting to see what happens next.

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