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Oil falls as focus moves to prospect of higher supply

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Oil falls as focus moves to prospect of higher supply

15 June 2018, London — Oil prices fell on Friday ahead of an OPEC meeting in Vienna next week as two of the world’s biggest producers, Saudi Arabia and Russia, indicated they were prepared to increase output. Benchmark Brent crude oil LCOc1 fell by $1.07 a barrel to a low of $74.87 before recovering to …

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