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Oil firms hold spending amid higher prices - The Globe and Mail
Reuters | Oil firms hold spending amid higher prices The Globe and Mail West Texas intermediate oil has rebounded sharply since September to around $50 (U.S.) a barrel as hopes build for a possible deal among the world's top producers to curb oversupply in the market. WTI settled up 54 cents Thursday at $49.72 a barrel. Suncor says higher oil prices mean energy M&A window is closing |
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