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Oil prices fall on dip in China demand, surging U.S. output

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Oil prices fall on dip in China demand, surging U.S. output

08 June 2018, Singapore/London — Oil prices fell on Friday, as weakening demand in China and surging U.S. output weighed on markets despite supply woes in Venezuela and Iran as well as OPEC’s production cuts. Brent crude futures LCOc1 were at $76.60 per barrel at 1015 GMT, down 72 cents, or 0.9 percent. U.S. West …

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Oil prices fall on dip in China demand, surging U.S. output Oil prices fall on dip in China demand, surging U.S. output Reviewed by Crude Oil Facilitators on 14:46 Rating: 5

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