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20/05/2013
Brent Rises Towards $98/B, Output Target Strategy
Published on Monday, 18 Jun 09:24 am
Brent futures rose towards $98/B on Friday, extending gains after OPEC agreed to keep its output target unchanged for the second-half of the year, although uncertainty surrounding Europe’s debt crisis capped further advances. Brent crude has gained 76 cents to $97.93/B, while US crude rose 69 cents to $84.60/B.
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