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Monday, 22 January 2018

Oil edges lower as Libyan output undermines 2018 rally

Oil edges lower as Libyan output undermines 2018 rally

22 January 2018, London — Oil slipped on Monday under pressure from rising Libyan output and concerns that a rally that had sent prices to their highest since December 2014 had run out of steam. But losses were limited by comments from top exporter Saudi Arabia that OPEC and other producers would continue to cooperate …

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