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Oil prices stabilize, set for weekly gain on hopes for supply cut

Oil prices stabilize, set for weekly gain on hopes for supply cut

Oil prices were steady on Fri­day but are set for their first week­ly gain in six weeks on the assump­tion major pro­duc­ers will imple­ment deep­er out­put cuts to off­set slow­ing demand in Chi­na, the world’s sec­ond-largest crude user.
Source: CNBC RSS

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