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Crude jumps 5%, but oversupply still damps outlook

February 12, 2016

Oil jumped more than 5 percent on Friday amidst hopes of a coordinated production cut, yet analysts said such a move remained unlikely.

Source: http://www.cnbc.com/2016/02/11/us-crude-prices-jump-4-from-12-year-lows-but-outlook-still-bleak.html
 
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