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Oil falls below $50, tanking about 4% as OPEC output cut extension disappoints the market

May 26, 2017

OPEC extended its crude oil output cuts by nine months, but some investors expected the cartel to do more.

Source: http://www.cnbc.com/2017/05/24/oil-prices-rise-in-anticipation-of-extended-opec-led-production-cut.html
 
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