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Oil prices soar 4% on renewed hopes of OPEC output deal

November 16, 2016

Oil prices bounced back from multi-month lows on optimism that OPEC will agree to cut output to reduce a supply glut.

Source: http://www.cnbc.com/2016/11/14/oil-prices-rise-on-falling-shale-output-renewed-hopes-of-opec-cut.html
 
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