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Oil prices flatline as US drilling counters OPEC output cuts - Reuters
Reuters | Oil prices flatline as US drilling counters OPEC output cuts Reuters U.S. energy companies added oil rigs for a fifth consecutive week, Baker Hughes said on Friday, extending a nine-month recovery with producers encouraged by higher crude prices, which have traded mostly over $50 a barrel since late November. OPEC Wins Investors Back as Cuts Prompt Record Bets on Oil Rise Weekly Oil Markets Recap - Where Does Global Supply And Demand Stand? Oil steady, but down for week on glut fear |
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