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Oil prices fall as OPEC fails to stop excess production

Oil prices dipped Tuesday as expectations dimmed of an OPEC agreement to reduce the cartel’s gushing of crude into the massively saturated global market by around a million barrels per day. Prices were also hit as non-OPEC Russia confirmed it would not send a delegation to the Organisation of the Petroleum Exporting Countries’ meeting in […] The post Oil prices fall as OPEC fails to stop excess production appeared first on Punch Newspapers.
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Added November 29, 2016
from The Punch News