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FGE In The Media

Oil trades near $45 as U.S. continues drilling expansions

Oil

Article by: Rakteem Katakey and Ben Sharples, Bloomberg
Date Published: June 19, 2017
Who was cited: FGE

Oil traded near $45 a barrel following a fourth weekly loss as U.S. drillers continued to add rigs, blunting OPEC-led efforts to rebalance an oversupplied market.

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