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Massive inventory hangover seen hurting oil market ahead

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Published Tue, Jul 19, 2016 · 09:50 PM

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    London

    THIS has not been the summer many oil traders had expected after last year's bumper profits.

    Banking on more of the same, the world's refineries have churned out more diesel, petrol and jet fuel than eager drivers and holiday makers have been able to consume even over the summer travel season.

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