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Oil prices stable after two-day decline, but rising US output drags - Reuters
Reuters | Oil prices stable after two-day decline, but rising US output drags Reuters “The ever-expanding U.S. supply continues to pose significant downside risk to oil prices,” said Stephen Innes, head of trading for Asia/Pacific at futures brokerage OANDA in Singapore. U.S. crude oil production C-OUT-T-EIA has risen by almost a ... US On Track to Become World's Top Oil Producer US crude falls 1.1%, settling at $60.71, as American shale oil output surges India's Oil Imports From Venezuela Plunge To Lowest Since 2012 |
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