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Oil falls as glut, profit-taking beat back optimism over OPEC meet

August 09, 2016

Crude prices edged lower on Tuesday on a global oil glut and as investors took profits on gains, beating down optimism for a possible OPEC meeting.

Source: http://www.cnbc.com/2016/08/08/oil-pares-near-3-percent-gains-amid-oil-glut-worries.html
 
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