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Oil stable as OPEC says it is committed to rebalance markets - Reuters
Reuters | Oil stable as OPEC says it is committed to rebalance markets Reuters SINGAPORE Oil prices were stable on Wednesday as OPEC said it was committed to draw down a global supply overhang that has dogged markets since 2014, although bloated U.S. output and inventories still weighed on crude. Brent crude futures LCOc1 ... Citi sees oil at mid-$US60 a barrel as OPEC counters US shale U.S. Shale Surging, But Oil Holds Steady Oil expected to soar by $10 a barrel in 2017 amid a bumper year for commodities, Citi analysts say |
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