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As rig counts rise, is $70 oil still on the cards? - CNBC
CNBC | As rig counts rise, is $70 oil still on the cards? CNBC Oil rig counts in the U.S. rose for the first time since December 2014 last week, weighing on the commodity's price and serving as a reminder of oversupply fears, which could impact year end price targets. U.S. crude futures were down around 55 cents ... Remember When We Were Running Out of Crude Oil Storage? |
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