Oil extends losses as Texas prepares to ramp up output after freeze

Oil demand outlook weakened by US refinery deep freeze outages

Back to work: pumpjacks work in a Permian basin field near Lovington, New Mexico — Back to work: pumpjacks work in a Permian basin field near Lovington, New MexicoPhoto: AP/SCANPIX

Reuters

Published 21 February 2021, 08:38Updated 21 February 2021, 08:38

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