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Oil prices fall to $50 as doubts raise of output-cut extension
Mar 27, 2017 - Marketline Newswire

Oil prices have dropped towards $50 a barrel amid growing uncertainty as to whether OPEC will extend the output-cut deal beyond June to eliminate the global oversupply.

Oil prices have dropped towards $50 a barrel amid growing uncertainty as to whether OPEC will extend the output-cut deal beyond June to eliminate global oversupply.Brent crude fell by 19 cents to be traded at $50.61 a barrel, while US crude dropped by 31 cents to $47.66, reported Reuters.Last year, OPEC members and other oi

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