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Oil hits two-month high, further US inventory drop seen - Reuters
Reuters | Oil hits two-month high, further US inventory drop seen Reuters LONDON (Reuters) - Oil climbed towards $53 a barrel on Tuesday, reaching a two-month high, supported by signs that a persistent supply glut is starting to ease amid strong demand and OPEC-led production curbs. U.S. inventory reports due on Tuesday ... Oil surges into the close to settle above $50, posts best monthly gain since April 2016 This Oil Price Rally Has Reached Its Limit Oil surges higher, posts biggest monthly rise since April 2016 |
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