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Oil price surge signals critical phase in coming months

Mon, Oct 08, 2018 - 5:50 AM

Oil prices dipped slightly last Friday after Saudi Prince Mohammed claimed that Saudi Arabia and other Middle Eastern producers had met Iran's shortfall of oil output.

PHOTO: BLOOMBERG

London

OIL prices dipped slightly last Friday after Saudi Prince Mohammed claimed that Saudi Arabia and other Middle Eastern producers had met Iran's shortfall of oil output.

S&P Global Platts, which surveyed analysts, industrial officers and shippers, found that the...

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