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Oil lingers below $50 over doubts OPEC can coordinate output cut - Reuters
Reuters | Oil lingers below $50 over doubts OPEC can coordinate output cut Reuters SINGAPORE Oil prices were stable on Thursday, but remained below $50 a barrel, as doubts over OPEC's ability to organize a coordinated production cut weighed on markets, while firm demand and concerns over Venezuela's stability offered support. Oil prices resume side on OPEC worries despite bounce on US draw Full Scale Oil Price Recovery Unlikely As 5000 DUC's May Come Online Oil Falls to Three-Week Low |
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