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Post Tagged with: "Saudi output"

Source: Reuters

Oil rises above $55, set for weekly gain on Saudi output cut

Reuters

LONDON – Oil prices hit 11-month highs and were on track for a weekly gain on Friday, supported by Saudi Arabia’s pledge to cut output and a global stocks rally as investors looked beyond rising coronavirus cases.

Brent crude …

January 8, 2021 - 9:00 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News
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