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Oil roughly flat as report of record Saudi output offsets stock draws

August 18, 2016

The oil rally paused on Wednesday as a surprise draw in U.S. crude and gas stocks was offset by reports Saudi Arabia is increasing its output.

Source: http://www.cnbc.com/2016/08/16/oil-prices-fall-on-doubts-that-producers-can-agree-output-restraint.html
 
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