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Oil prices drop for seventh session on oversupply worries - Reuters
Reuters | Oil prices drop for seventh session on oversupply worries Reuters TOKYO Crude oil futures fell for a seventh straight session on Monday, their longest losing streak since mid-2014, as a forecast from the International Energy Agency (IEA) that the global supply glut was likely to deepen next year dragged on prices. Oil skids toward 11-year low as IEA warns of worse glut Slumping oil: US producers get creative Oil Trades Near Lowest Since 2009 as Iran Pledges More Supply |
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