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Outlook: Oil price recovery fragile

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Outlook: Oil price recovery fragile

07 January 2017, News Wires — Fourth quarter supply disruptions and increased geopolitical risk added more than $11 per barrel to WTI and $17 per barrel to Brent since August. The spike provides producers an attractive opportunity to hedge their 2018 production. Whereas non-OPEC supply increased 390 thousand barrels per day year over year (YOY) …

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Outlook: Oil price recovery fragile Outlook: Oil price recovery fragile Reviewed by Crude Oil Brokers on 18:09 Rating: 5

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