27 May 2016 Singapore/London — Oil futures fell below $49 on Friday, moving further away from a seven-month high hit a day earlier, with analysts predicting range-bound markets for the next few months as supply outages slowly help to clear a glut of crude. Prices also came under pressure from a strong U.S. dollar, buoyed […] More »
Oil prices ease from seven-month high to below $49
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