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Oil up 2 percent on weak dollar; threat of supply hikes linger - Reuters
Reuters | Oil up 2 percent on weak dollar; threat of supply hikes linger Reuters Oil prices have risen the last three weeks, with Brent on track to finish April about 14 percent higher for its best monthly gain in a year, despite aborted plans by major producers to agree on an output freeze at a meeting in Qatar this month. "The ... Oil futures end lower on signs of rising production Oil majors are not so slick — but maybe a long-term buy Oil prices rise but possible battle for market share caps gains |
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