Tuesday 13 November 2018
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ebusinessweekly - 7 days ago

Oil dips amid well-supplied market, Iran sanction waivers

SINGAPORE Oil prices dipped on Wednesday as rising output and U.S. sanction waivers that allow Iran’s biggest buyers to keep taking its crude reinforced the outlook for a well-supplied market. Front-month Brent crude oil futures LCOc1 were at $71.99 per barrel at 0552 GMT, down 14 cents, or 0.2 percent, from their last close. [ ]

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