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Oil edges up as lower US production, inventories point to tighter market - Reuters
Reuters | Oil edges up as lower US production, inventories point to tighter market Reuters “The rebalancing of the oil market has made significant progress over this time, although there is still some way to go to get back to the five-year average,” said William O'Loughlin, investment analyst at Australia's Rivkin Securities. Bernstein ... Oil market bulls are wrong to forecast a pick-up in prices — and here's why IEA sees steady oil prices in 2018 on rising demand, non-Opec supply Oil slips, despite larger draw in US stocks |
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