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Oil hits 2016 high, led by falling output and weaker dollar - Reuters
Reuters | Oil hits 2016 high, led by falling output and weaker dollar Reuters LONDON Oil hit its highest level this year on Wednesday, driven by a falling dollar and evidence of declining U.S. supply, putting the price on course for its strongest monthly performance since last April. The prospect of an agreement among the world ... US Oil Prices Settle at New 2016 High Oil prices add to rally on signs that glut is dwindling US crude ends at $44.04, up 3.3 pct, on weak dollar, firmer oil product markets |
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