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Monday, 2 April 2018

Oil creeps up towards $70 on lower U.S. drilling, Iran sanctions concern

Oil creeps up towards $70 on lower U.S. drilling, Iran sanctions concern

02 April 2018, London — Oil rose towards $70 a barrel on Monday, lifted by a drop in drilling activity in the United States and concerns that Washington could reintroduce sanctions against Iran. U.S. drillers cut seven oil rigs in the week to March 29, bringing the total down to 797, the first decline in …

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