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Oil price surge signals critical phase in coming months

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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.

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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