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Oil prices rise as falling US inventories stoke rebalancing hopes - Reuters
Reuters | Oil prices rise as falling US inventories stoke rebalancing hopes Reuters LONDON (Reuters) - Oil prices firmed on Wednesday, holding near eight-week highs, as a fall in U.S. inventories bolstered expectations that the long-oversupplied market was moving toward balance. Brent crude futures LCOc1 rose 30 cents to $50.50 a ... Here's why oil just scored its biggest one-day rally of 2017 Oil jumps as US producers pull back, inventories drop Oil surges after Tuesday's settle on reported 10.2 million barrel drop in US crude stockpiles |
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