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Oil Trades Near $46 a Barrel as Nigeria Sees OPEC Cuts Unlikely - Bloomberg
Bloomberg | Oil Trades Near $46 a Barrel as Nigeria Sees OPEC Cuts Unlikely Bloomberg Oil halted its advance below $46 a barrel after the biggest three-day gain since April as Nigeria's oil minister signaled the prospect of production cuts from OPEC was unlikely. Futures slid as much as 0.7 percent in New York after rising 9.7 percent ... Oil remains near five-week high on expectation of producer action Saudi Arabia may be ready to budge on its punishing 2-year oil price policy Oil prices are on fire -- up 10% in just 3 days |
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