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Opec convinces investors its oil output cuts are real
Money managers most optimistic on WTI prices in a decade as producers reduce crude output
Published Mon, Jan 30, 2017 · 09:50 PM
New York
THE Organization of the Petroleum Exporting Countries (Opec) appears to have persuaded investors that it is making good on promised production cuts.
Money managers are the most optimistic on West Texas Intermediate (WTI) oil prices in at least a decade as Opec and other producers reduce crude output.
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