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Oil slides in thin trade on rising US rig countOil prices dropped on Friday as a rising US rig count stoked more concerns about global oversupply while an investigation by Chinese regulators into suspected stock market manipulation further unsettled the market. A sharp move lo More… |
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Oil prices fall as Opec output expected to stay highCrude oil prices dipped early on Monday on expectations Opec output would remain high after rising in May, stoking worries of oversupply despite declining US rig operations. Crude oil prices jumped almost 5 per cent on Friday, the More… |
