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Oil rises on falling US inventories, but high Opec supplies still weigh - Economic Times
CNBC | Oil rises on falling US inventories, but high Opec supplies still weigh Economic Times SINGAPORE: Oil rose on Tuesday, supported by strong US fuel demand, but ongoing high supplies from producer club Opec kept prices in check. US West Texas Intermediate (WTI) crude futures were at $50.32 per barrel at 0712 GMT, up 15 cents, or 0.3 per ... Oil surges into the close to settle above $50, posts best monthly gain since April 2016 This Oil Price Rally Has Reached Its Limit Oil at two-month high, ends above $50 a barrel |
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