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Oil Lingers Below $50 as Market Yawns at Efforts to Whittle Glut - Bloomberg
Reuters | Oil Lingers Below $50 as Market Yawns at Efforts to Whittle Glut Bloomberg Oil producers led by Saudi Arabia and Russia are succeeding in shrinking a worldwide glut of crude and may need to take further steps well into next year, OPEC Secretary-General Mohammad Barkindo said. The Saudi state-owned oil company announced ... Oil prices stable after OPEC signals possible further action Why Oil Prices Are Under Pressure Oil market to continue to recover in mid-term despite choppy trade |
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