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Oil Trades Over $61 as US Rig Count Drop Spurs Supply Optimism - Bloomberg
Bloomberg | Oil Trades Over $61 as US Rig Count Drop Spurs Supply Optimism Bloomberg Oil traded above $61 a barrel as signs of slowing U.S. drilling added to optimism that the global crude surplus is abating. Futures were little changed in New York following a 1.7 percent increase last week. Working rigs drilling for crude fell by five ... Oil buoyed by drop in number of US drilling rigs Oil retreats on US output rise after hitting near 2-year high Oil likely to see downward correction over the coming months, Commerzbank says |
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