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Oil prices fall as big producers hint at output hikeCrude prices fell early on Thursday as concerns over a global glut took center stage after Russia and Iran said they were ready to raise oil production further, while inventories in the US climbed slightly. The International Energ More… |
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Opec would consider output hike if oil hits $90Opec would consider raising crude output if the oil price rose to around $90 to $95 a barrel, delegates from the producer group said on Tuesday. Crude oil futures traded at around $83.80 a barrel on Tuesday, above the $70-$80 mark that Ope More… |
