Global crude oil prices dip on rising supplies from U.S., Russia

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Global crude oil prices dip on rising supplies from U.S., Russia

11 June 2018, News Wires – Oil prices fell on Monday, dragged down as U.S. oil drilling activity rose to its highest level since March, 2015, while increasing output in Russia also weighed on the market. Analysts expect surging U.S. output to start offsetting efforts led by the Organisation of the Petroleum Exporting Countries (OPEC) to withhold …

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