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Oil prices dip on profit-taking and US production fears - Reuters
Reuters | Oil prices dip on profit-taking and US production fears Reuters NEW YORK (Reuters) - Oil prices dipped on Tuesday as speculators took profits for a second day after big third-quarter gains and on concerns that higher prices might spur increased U.S. shale production. Brent crude futures LCOc1 closed down 12 cents ... Oil ends at 2-week low as traders weigh supply prospects Oil Markets Fear An OPEC Compliance Collapse The oil rally is 'for real' and should continue into year-end, predicts Citigroup's Ed Morse |
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