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Oil holds gains as US rig count rises for 16th week, up 6 rigs to total of 703

May 06, 2017

Oil had traded at its lowest since November on glut concern despite Saudi assurances Russia is ready to extend cuts.

Source: http://www.cnbc.com/2017/05/04/oil-pinned-near-5-month-low-as-global-oversupply-weighs.html
 
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