Oil Edges Lower Near $40 Amid Mixed Outlook for U.S. Stockpiles
The impounded Iranian crude oil tanker, Grace 1, is silhouetted as it sits anchored off the coast of Gibraltar. (Photographer: Marcelo del Pozo/Bloomberg)

Oil Edges Lower Near $40 Amid Mixed Outlook for U.S. Stockpiles

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(Bloomberg) -- Oil edged lower toward $40 a barrel before government data that’s expected to show a mixed outlook for U.S. stockpiles, while global coronavirus deaths surpassed a grim milestone.