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Oil Near $51 as Rising Output Threatens to Slice Into Demand - Bloomberg
Bloomberg | Oil Near $51 as Rising Output Threatens to Slice Into Demand Bloomberg Oil has advanced more than 3 percent this week on speculation the Organization of Petroleum Exporting Countries, Russia and other parties to the historic 2016 production accord may extend the deal beyond its March expiration. Saudi Arabia warned it ... US oil tries for a third gain in a row as OPEC lifts demand forecast OPEC pumped at the second-highest level this year in September, raises oil demand forecast again Oil rises on tighter market, but doubts swirl on sustainability |
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