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Oil settles near US$46 amid Nigeria force majeure, US fuel glut
Published Sun, Jul 17, 2016 · 09:50 PM
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New York
OIL closed near US$46 a barrel in New York on Friday as the market weighed a force majeure declared by Exxon Mobil Corp on crude shipments out of Nigeria against excess US oil and product inventories.
Prices extended gains after the s…
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