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Monday, 18 December 2017

Oil gains on pipeline outage tempered by robust U.S. output

Oil gains on pipeline outage tempered by robust U.S. output

18 December 2017, New York — Oil prices edged higher on Monday, supported by a North Sea pipeline outage and a workers’ strike in the Nigerian energy industry. Still, growth in U.S. crude output cast a shadow over the market and continued to cap gains. Brent crude futures LCOc1, the international benchmark, were up 27 …

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