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Oil firm on ongoing supply cuts, but analysts warn OPEC must stay the course - Reuters
Reuters | Oil firm on ongoing supply cuts, but analysts warn OPEC must stay the course Reuters “China's oil demand growth appears to be accelerating,” investment bank Jefferies said. Furthermore, crude inventories have dropped as markets have been slightly undersupplied during the past quarters. However, the outlook for next year is uncertain. Oil Steadies After Fall in US Inventory Crude oil's 'golden cross' could point to big gains ahead - CNBC.com Oil Hits 28-Month High as OPEC Behemoths Back Extending Limits |
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