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    Oil Rises On OPEC's Cuts, But Soaring US Exports And Economic Slowdown Weigh

    3/01/2019 01:54:00 pm , , , , , , , , ,
    Oil prices rose on Friday as markets tightened amid output cuts by producer club OPEC, but surging US supply and a global economic slowdown prevented crude from climbing further.

    US West Texas Intermediate (WTI) crude oil futures were at $57.41 per barrel at 0350 GMT, up 19 cents, or 0.3 percent, from their last settlement.

    International Brent crude futures were at $66.59 per barrel, up 28 cents, or 0.4 percent.

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