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Oil falls 4 percent on swelling oversupply - Reuters
Reuters | Oil falls 4 percent on swelling oversupply Reuters LONDON Oil prices fell 4 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gain made in one of the biggest-ever daily rallies last week. Brent crude LCOc1, the global ... MarketsOil prices head south again How Soon Could A Sustained Oil Price Rally Occur? Only America can save the oil market |
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