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Oil down as dollar offsets China move; glut hits prompt US crude - Reuters
Reuters | Oil down as dollar offsets China move; glut hits prompt US crude Reuters A stubborn global oil glut, partly due to record pumping by the biggest producers in OPEC, has prevented crude prices from staging a meaningful rebound despite a few sharp intermittent rallies since early September. U.S. crude stockpiles have risen for ... Oil heads for another weekly decline on glut woes Oil prices rise, but stronger dollar lurks in the background China bank move lifts oil |
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