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Oil retreats after rising on hopes of Russia, OPEC cooperation
January 28, 2016 by creative · Leave a Comment
Crude oil futures fell around 1 percent in Asian trading on Thursday, eroding gains of nearly 3 percent made in the previous session after Russia held out the possibility of cooperating with OPEC to control global oversupply. Falls were curbed by a weaker dollar following the Federal Reserve's decision to keep its overnight interest rate unchanged and the release of a statement suggesting concern…
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Oil retreats after rising on hopes of Russia, OPEC cooperation