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Oil Holds Gains Above $74 as Supply Drops Eclipse Saudi Boost - Bloomberg
Bloomberg | Oil Holds Gains Above $74 as Supply Drops Eclipse Saudi Boost Bloomberg “Even if Saudi Arabia does provide much of the oil to replace any shortcomings from Iran or Libya or Venezuela, that has the market concerned that we will be hitting fairly low levels of spare capacity,'' said Bart Melek, head of global commodity ... Saudi Arabia Promised More Oil. So Why Are Prices Rising? Brent crude firms on drop in US oil inventories, Iran threat US hard line on Iran raises risks of oil price spike |
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