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Oil up as OPEC cuts outweigh rise in US stocks - Reuters
Reuters | Oil up as OPEC cuts outweigh rise in US stocks Reuters LONDON Oil prices rose on Thursday as evidence that OPEC and other big exporters were cutting production outweighed a sharp rise in U.S. crude and gasoline stockpiles. Brent crude was up 50 cents at $57.30 a barrel by 1145 GMT after settling up $1.22 ... Russia Claims Global Oil Output Down By 1.4M Bpd US has too much gasoline and that could mean lower oil prices Oil rallies to 3-week high as US output slips |
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