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Oil slips, despite larger draw in US stocks - Reuters
Financial Times | Oil slips, despite larger draw in US stocks Reuters Brent crude oil LCOc1 was down 62 cents at $56.32 a barrel by 1:43 p.m. ET (1743 GMT). U.S. light crude CLc1 was down 67 cents to $50.63 a barrel. Both benchmarks have risen more than 20 percent from their lows in June as world oil markets tightened. IEA sees steady oil prices in 2018 on rising demand, non-Opec supply Oil market bulls are wrong to forecast a pick-up in prices — and here's why OPEC Sees Oil Inventory Glut Finally Gone in One Year |
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