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PIRA Expects $50-60/barrel Oil from OPEC Deal

The Organization of Oil Exporting Countries' decision to embrace production cuts will help move crude prices toward a target of $50 to $60 per barrel, Gary Ross, chairman of consultancy PIRA Energy Group, told reporters on Wednesday. OPEC's…
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Oil price rises, pushing stocks higher

Business & Finance : LA Times: Business

Energy stocks are leading an early gain on Wall Street as the price of crude oil moves higher. Devon Energy rose 2.3% shortly after the opening bell Wednesday, one of the biggest gains in the Standard & Poor's 500 index. The price o...

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Business & Finance : Business Insider: Clusterstock

Crude oil dropped sharply after the Organisation of the Petroleum Exporting Countries (OPEC) elected not to cut oil production. The Kuwait oil minister told journalists that the cartel's oil production target will remain unchanged a...

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Ethnicity & Race / Latino : The Latin Americanist

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Oil Falls Back Below $78 After OPEC Cuts Outlook (USO)

Business & Finance : Business Insider: Clusterstock

Crude oil futures have fallen back below $78 a barrel after OPEC cut its price and demand expectations in its latest World Oil Outlook. OPEC, or the Organization of Petroleum Exporting Countries whose 12 members include Saudi Arabia...

The Goldilocks Range For Crude Oil Prices: $45 To $55 Per Barrel

Business & Finance / Investing : Great Speculations

The last few days have been quite eventful for the commodity markets, particularly crude oil, as the anticipation of a production quota by the Organization of Petroleum Exporting Countries caused oil prices to move rapidly in the la...

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