Oil slips towards $50 on doubts over output-cut extension

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Oil slips towards $50 on doubts over output-cut extension
27 March 2017, London — Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production cut will be extended beyond June in an effort to counter a glut of crude. A committee of ministers from OPEC and outside producers agreed on Sunday to look at prolonging the deal, […] More »

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