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Oil Prices Fall 2% on Rising Supply and Trade War

October 30, 2018

© marrakeshh / Adobe Stock
© marrakeshh / Adobe Stock
Categories: Contracts Fuels & Lubes Shale Oil & Gas

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The price of oil is rising due to supply concerns and a weaker dollar
PMI data shows that growth in Saudi Arabia's private non-oil sector accelerated in May.
Higher margins for global oil refiners provide a short-term boost
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