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Oil prices drop off 3-year highs but strong demand supports - Reuters
Reuters | Oil prices drop off 3-year highs but strong demand supports Reuters Reacting to the recent three-year high, Russian Energy Minister Alexander Novak said the oil market was not yet balanced and that the global deal to cut output should continue as the price rise could be due to cold weather. The U.S. rig count, an early ... Strong Oil Demand Growth Supports Oil At $70 Big banks raise oil price targets on strong demand and OPEC output cuts Oil Price Briefly Reaches $70 as Buoyant Global Economy Bolsters Demand |
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