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Oil drops as investors lock in gains; surprise US stockpile build - Reuters
Reuters | Oil drops as investors lock in gains; surprise US stockpile build Reuters Oil prices were also under pressure from industry data that showed a surprise build in U.S. crude stocks, price gains in other commodities including gold and a stronger U.S. dollar which gained against a basket of currencies .DXY, analysts said. "We ... US oil settles up 4.56 pct after 2-month lows Oil Rises on Supply Forecast, Inventory Expectations OPEC oil production on the rise again |
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