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Stocks end higher on reports of OPEC output cut

Stocks rallied in late afternoon trade on reports OPEC agrees to crude production cut.        
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Opec: Libyan woes cut output forecast

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Crude oil production in Opec countries would decline this year by more than previously estimated because of renewed disruptions in Libya, Goldman Sachs said this week. ||| OPEC Libyan woes cut output forecast Crude oil production in...

Crude oil is spiking after reports that OPEC may discuss a production cut (USO, WTI, OIL, VDE, BNO)

Business & Finance : Business Insider: Money Game

Crude oil prices are surging after a report that indicates OPEC may soon discuss an output cut. According to Reuters, Russian energy minister Alexander Novak said Saudi Arabia proposed a 5% production cut in each of the oil cartel's...

Energy shares lead Asian stocks higher on OPEC output deal

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Energy companies led a rally in Asian stock markets Thursday as investors welcomed news that OPEC nations planned to cut oil production for the first time in eight years in an effort to reduce a global glut.        

Crude oil is getting slammed after OPEC reportedly decides not to cut output (USO, WTI, OIL, VDE)

Business & Finance : Business Insider: Clusterstock

Crude oil prices collapsed after a report crossed that the 12-member oil cartel OPEC is not cutting its production levels. According to Reuters, the group decided not to cut its production levels. Bloomberg reported, citing an OPEC ...

WTI Crude Tops $50

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For the first time since July 4th, the front-month WTI Crude futures contract traded above $50 - rallying almost incessantly from $44 when the OPEC 'deal' was announced last week. The catalyst for the latest move is more jawboning f...


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