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US crude settles at $53.90, up 1.7%, days before producer output cuts take effect - CNBC
Financial Times | US crude settles at $53.90, up 1.7%, days before producer output cuts take effect CNBC Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday. U.S. crude prices have surged 25 ... Oil in 2016: the return of Opec Oil jumps 1.7 percent, adds to year's gains ahead of OPEC cuts Oil Caps Longest Winning Streak Since August Ahead of OPEC Cuts |
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