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US crude settles at $53.88, rising 2% on signs Russia and OPEC are cutting output - CNBC
CNBC | US crude settles at $53.88, rising 2% on signs Russia and OPEC are cutting output CNBC Oil prices were higher on Wednesday on signs that Russia and OPEC producers are delivering on promised supply reductions, though weekly U.S. supply data suggested a crude glut may persist. Brent crude rose 78 cents, or 1.4 percent, to $56.36 a barrel ... Oil pares gains on bigger-than-expected US crude build Oil market waits for Opec-shale tug of war to end Oil logs a gain, but ends lower for January as output, Trump jitters weigh |
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