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Daily Energy Market Review: April 19 is a document available to read on EtoBox.
Oil prices fell on Monday as traders continued selling, while equities rebounded from early losses to finish higher, lifted by strong earnings from Citigroup. The ongoing grounding of flights from the Icelandic volcano weighed on oil by reducing jet fuel demand by an estimated 1 million barrels per day. However, the duration of the disruption is uncertain. Overall it was a bearish day for oil as the market focused on fundamental factors like the supply/demand impact of the volcano.
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