Oil prices rise to U.S.$49.73 on U.S., OPEC speculation

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Oil prices rise to U.S.$49.73 on U.S., OPEC speculation
02 September 2016, Abuja – Oil futures rose yesterday largely prompted by production suspensions in the United States Gulf due to an expected tropical storm and speculation that producers meeting in Algeria next month will act to prop up prices. Brent crude futures traded at $49.73 per barrel yesterday, up 47 cents from the previous […] More »
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