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Oil prices jump on planned production cuts

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Oil prices jump on planned production cuts
16 December 2016, Lagos – Oil prices jumped on Friday as evidence increased that producers in the Middle East were informing customers of upcoming supply cuts as part of a coordinated effort to drain a global glut. Brent crude futures were trading at 54.11 dollars per barrel, up nine cents from their last settlement. U.S. […] More »
Oil prices jump on planned production cuts Oil prices jump on planned production cuts Reviewed by Crude Oil Facilitators on 16:15 Rating: 5

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