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Wednesday, June 7, 2017

Oil dips on glut concerns, but Mideast tension, falling U.S. stocks support

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SINGAPORE (Reuters) – Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as global fuel markets remained oversupplied, although rising tension in the Middle East and falling U.S. inventories lent some support.

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June 07, 2017 at 08:34AM

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