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Home>Oil continues to gain as OPEC raises hopes of market rebalancing

Oil continues to gain as OPEC raises hopes of market rebalancing

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Tue, 25 Jul 2017

By Jenny W. Hsu Oil futures continued to gain Tuesday as fresh pledges from Saudi Arabia and Nigeria to respectively pull back on exports and output raised hopes that market rebalancing is on the way. At an Organization of the Petroleum Exporting Countries meeting on Monday, Saudi Arabia announced

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