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Oil slips as profits taken from strong rally

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Oil slips as profits taken from strong rally
20 October 2016, London — Oil prices fell on Thursday on profit-taking, after markets rallied the previous day on another unseasonal draw in U.S. crude oil stocks helping bullish sentiment from an expectation of an OPEC-led cut in production. U.S. West Texas Intermediate (WTI) crude oil futures CLc1 were at $50.78 per barrel at 1230 […] More »
Oil slips as profits taken from strong rally Oil slips as profits taken from strong rally Reviewed by Crude Oil Facilitators on 14:34 Rating: 5

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