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Monday 28 May 2018
Ways2capital Commodity Tips
Crude oil futures closed lower in the international market on Friday as reports said OPEC and Russia are considering lifting production by as much as 1 million barrels a day to meet the shortfall in supply from Iran and Venezuela. Data on Friday showing the biggest weekly rise in the number of active U.S. oil rigs which suggests a possible uptick in production, also contributed in the decline in prices.
Crude Oil Dips As OPEC Considers Lifting Production
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