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Oil in holding pattern as OPEC meets about cheating on output deal - MarketWatch
MarketWatch | Oil in holding pattern as OPEC meets about cheating on output deal MarketWatch OPEC and 10 producers outside the cartel, including Russia, first agreed late last year to cap production at around 1.8 million barrels a day lower than peak October 2016 levels, with the goal of reducing the global oil glut and boosting prices. The ... Oil prices fall after rally encourages profit-taking Brent oil steals show as hedge funds leave US Crude aside |
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