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Oil prices rise amid production cuts - Pakistan Observer
Reuters | Oil prices rise amid production cuts Pakistan Observer Oil prices rose on growing expectations that big crude exporters will extend output cuts to curb a persistent glut in inventories. Brent crude was up 77 cents at $53.28 at 1328 GMT, its highest since April 21, while US benchmark crude oil was up 67 ... Oil at one-month high, supply-cut extension expected Oil ends above $50 for the first time in a month OPEC panel looking at deepening, extending oil cuts: Sources |
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