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Oil prices rise after report shows drop in US stocks - Reuters
Reuters | Oil prices rise after report shows drop in US stocks Reuters LONDON Oil prices rose on Thursday after U.S. data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. Benchmark Brent crude oil LCOc1 was up 70 cents a barrel at $56.54 by 0855 ... Five key points from International Petroleum Week Oil settles lower to end 3 straight sessions of gains, as non-OPEC production weighs Oil To $70? Or Down To $30? |
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