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Market eases on OPEC’s output decline
Jan. 18, 2019
Source: Reuters

Market eases on OPEC’s output decline

The fear of oversupply has started to disappear after the revelation of Organization of the Petroleum Exporting Countries about the sharp decline in its production of last month. US oil prices increased on easing fears on Friday. US WTI went up by 0.6% and was traded at $52.40 per barrel. Brent crude closed at 1.1% increase in the previous session and has not been traded yet.

   Read More About : Brent Price Oil Prices OPEC WTI
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