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Oil haunted again by US supply surge as rally above $51 stalls

United States crude supplies are again haunting¬†oil prices, chilling optimism over a possible extension of an Organization of Petroleum Exporting Countries (Opec)-led production cuts that helped drive a rally over the past week. Futures lost 0.3 percent in New York on Thursday. US output rose for a seventh week and inventories expanded to a fresh […]

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