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Oil up on tight supply and weak dollar, Brent passes $71

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Oil up on tight supply and weak dollar, Brent passes $71

26 January 2018, News Wires – Oil rose on Thursday, with global benchmark Brent at one point surging above $71 a barrel for the first time since 2014 on support from a weaker U.S. dollar, tighter global supplies and a record run of declines in U.S. crude inventories. “This latest pop is due to the dollar …

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Oil up on tight supply and weak dollar, Brent passes $71 Oil up on tight supply and weak dollar, Brent passes $71 Reviewed by Crude Oil Facilitators on 23:49 Rating: 5

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