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Oil pares gains in post-settlement trading after API data shows big surprise build - CNBC
CNBC | Oil pares gains in post-settlement trading after API data shows big surprise build CNBC A two-year long selloff in oil has severely hurt the economies of Venezuela, Iraq and Nigeria. Those nations are seen as more anxious to boost crude prices than OPEC producers such as Saudi Arabia and Iran, which are more keen in protecting market share. Oil Prices Flip to Gains on Iran Reports Oil logs a gain on report Iran may support output freeze Oil up over 1 percent as Iran signals support for OPEC freeze action |
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