Oil Fluctuating Near $40 With Demand Outlook Still Shaky
A horizontal drilling rig and a pump jack sit on federal land in Lea County, New Mexico, U.S. (Photographer: Callaghan O’Hare/Bloomberg)

Oil Fluctuating Near $40 With Demand Outlook Still Shaky

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(Bloomberg) -- Oil flipped between gains and losses near $40 a barrel with a challenged demand outlook weighed against a potential U.S. stimulus package.