Oil prices rise on falling shale output, renewed hopes of OPEC cut

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Oil prices rise on falling shale output, renewed hopes of OPEC cut
15 November 2016, Singapore — Oil prices rose to 2 percent on Tuesday to move away from multi-month lows struck the day before, pushed higher by expectations of falling shale output and renewed optimism that OPEC will deliver on touted production cuts. U.S. crude futures for December delivery CLc1 had climbed 90 cents, or 2.1 […] More »
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