2017-02-13

On Monday oil prices went down by about 2 percent, the most since mid-January, pressured by a stronger dollar and signs of rising U.S. crude output. Reuters said that investors were meanwhile underwhelmed by an OPEC report showing high compliance with last year’s production-cut deal. Brent futures LCOc1 lost $1.11, or 2 percent, at $55.59 a barrel, while U.S. West Texas Intermediate crude...

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