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Libya pipeline restart cuts into oil rally - Reuters
Reuters | Libya pipeline restart cuts into oil rally Reuters Traders expect U.S. inventories to decline in coming weeks, but oil may trade in a range until early indications in January of whether producers are holding to their pledges. "We think the next catalyst is not going to be until mid-January until we ... US crude settles up 11 cents, as analysts forecast big draw in stockpiles TIMELINE: The tumultuous 155-year history of oil prices Libya National Oil Co. Says Pipelines Reopened in the Country's West |
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