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Crude prices dip as global glut outweighs Kuwait oil strike - Reuters
Reuters | Crude prices dip as global glut outweighs Kuwait oil strike Reuters SINGAPORE Crude futures slipped on Tuesday on a persistent global glut and the failure of a producer meeting at the weekend to rein in the ballooning oversupply, although a sharp drop in output in Kuwait due to an oil worker strike underpinned prices ... Kuwait workers strike helps prevent an oil-price collapse Oil down but off lows as Kuwait strike offsets failed output freeze Oil pares some Doha-related losses; energy stocks sell off |
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