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Oil slips after US stocks swell to highest in almost a year

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Brent falls amid concerns of an emerging global glut, but Opec’s expected supply cut provides a floor under prices

 

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Oil prices skid amid global stock market slump, swelling US supplyInternational Brent crude oil futures were at $61.37 per barrel at 0240 GMT, down 71 cents, or 1.1% from their last close.
Source: ewnupdates - 🏆 30. / 53 Read more »