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Oil rises as lower US production, inventories point to tighter market - Reuters
Reuters | Oil rises as lower US production, inventories point to tighter market Reuters With the Organization of the Petroleum Exporting Countries (OPEC) leading a production cut, analysts said that global oil markets were now broadly balanced after years of oversupply. U.S. West Texas Intermediate (WTI) crude futures were trading at $50 ... Oil market bulls are wrong to forecast a pick-up in prices — and here's why Oil slips, despite larger draw in US stocks China crude oil buying spree to continue: IEA |
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