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Oil Prices Dip On Improved U.S. Crude Output

International oil prices dipped on Friday following United States’ report that its crude output had hit a record 12 million barrels per day (bpd), thereby undermining efforts by Organisation of Petroleum Exporting Countries’ (OPEC’s) efforts to withhold supply and tighten global markets. On Friday, Brent crude futures sold at 66.87 dollars per barrel at 0326 […]