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Oil Prices React To Varying Market Fundamentals

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Oil eased yesterday after data showed a surprise rise in U.S. crude stockpiles, but prices were supported by mounting tensions in the Middle East. Brent crude futures were at $70.90 a barrel, down 41 cents, or 0.7 per cent, from their last close. Brent closed up 1.4 per cent on Tuesday. Also, the U.S. West […]

 

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