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Oil set for second weekly fall as rising US supply upsets bulls - Reuters
Reuters | Oil set for second weekly fall as rising US supply upsets bulls Reuters “Despite the global economy humming, we see fragility in the oil market,” said Julius Baer head of commodities and macro research Norbert Ruecker, adding that rising inventories would put pressure on oil prices in the short term. “Strong shale output ... Oil falls with US output climb pushing prices toward a 3-week low Oil Slides After US Stock Build, Record Output Oil steadies after big fall, but soaring US crude output still weighs |
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