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Brent falls below $52 as oil hits new five and a half year lows - Reuters
Reuters | Brent falls below $52 as oil hits new five and a half year lows Reuters Brent crude fell by 3 percent to below $52 a barrel as cuts to monthly oil selling prices for European buyers by top OPEC producer Saudi Arabia heightened worries about oversupply. "Saudi Arabia is showing no signs of pulling back," said Bjarne ... The Arab oil era is over MarketsArab bourses battered again as oil slides |
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