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Crude price up 13% as US oil rig count falls by 28 - CNBC
CNBC | Crude price up 13% as US oil rig count falls by 28 CNBC U.S. crude prices jumped as much as 13 percent on Friday after a report once again suggested OPEC might resort to a production cut to reduce the world glut, and resilient stock markets and the euro added to the risk appetite in oil. Also on Friday ... Oil storms higher fueled by more jawboning from OPEC members Here's The Real Problem With Oil Oil claws higher, but weekly loss looms on supply excess |
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