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Oil is down 3% as over-supply fears re-surface - Business Day
Business Day | Oil is down 3% as over-supply fears re-surface Business Day New York — Oil futures plunged 3% on Friday, and were set to end Brent's longest multi-week rally in 16 months following profit-taking and the return of over-supply concerns. "Yesterday, we had Russia and the Saudis talking about extending co ... US oil exports will keep booming after hitting record, analysts say Three likely winners in the new oil price environment Oil set to end multi-week rally as oversupply concerns resurface |
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