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Opec production cut: Genuine boon or flash in the pan?Will announced cuts in crude production launch an upcycle such as those seen in the 1970s and early 2000s? Or, will the market more closely resemble the lagging prices of the mid-‘80s through the turn of the century? Experts weigh facts an More… |
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Oil rises as US output seen decliningOil prices rose on Wednesday after falling the previous session on expectations US output will decline further as some producers are under increasing financial distress and as early inventory data showed a less-than-expected increase. More… |
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Oil rises as US output seen decliningOil prices rose on Wednesday after falling the previous session on expectations US output will decline further as some producers are under increasing financial distress and as early inventory data showed a less-than-expected increase. More… |
