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Sunday, June 11, 2017

Oil prices rise in Asia in expectation of Aramco supply cut

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Oil prices rise in Asia in expectation of Aramco supply cut State-owned Saudi Aramco will reduce oil supplies to Asian customers by about 7 million barrels in June, a source told Reuters, as part of OPEC#39;s agreement to reduce production and as it trims exports to meet rising domestic demand for power during the summer.

June 11, 2017 at 11:34PM

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