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Wednesday, 27 December 2017

Oil falls from 2015 highs as rally runs out of steam

Oil falls from 2015 highs as rally runs out of steam

27 December 2017, Calgary, Alberta — Oil prices dipped on Wednesday after hitting a near two-and-a-half year high in the previous session as a rally fueled by supply outages in Libya and the North Sea ran out of momentum. Brent crude futures dropped to $66.62 a barrel, down 0.6 percent, or 40 cents, at 1556 …

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