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Strong dollar pulls down oil despite tightening fundamentals - Reuters
Reuters | Strong dollar pulls down oil despite tightening fundamentals Reuters SINGAPORE Oil prices fell on Friday, pulled down by a stronger dollar, but traders said there were signs that physical fuel markets were tightening after two years of ballooning oversupply. The dollar rose to its highest level since March against a ... World Bank Raises 2017 Oil Price Forecast Oil Prices Down as Investors Skim Gains US crude settles down 2.27% at $50.43, reversing previous session's rally |
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