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Oil prices drop as weak fundamentals weigh on market - Reuters
Reuters | Oil prices drop as weak fundamentals weigh on market Reuters "We find that the global market imbalances are in fact not solved and believe that the rally will prove self-defeating as it undermines the nascent rebalancing," the bank said in an overnight report that reiterated its downward revision of long-term ... Brent crude oil extends losses; US prices up on summer demand Oil steady as investors weigh Iraq violence, bearish supply Saudi Arabia Oil Exports Rose to Highest Levels Since 2005 |
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