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Production cut announcements ("CONOCO...........>

OIL
OIL: Production cut announcements ("CONOCO ACCELERATES OIL OUTPUT CUTS TO
420,000 B/D IN JUNE" Bbg) helping lift oil prices, WTI +2.37 at 17.43 (15.45L /
17.80H). 
- Res levels to watch:  $18.26 - High Apr 23 and key resistance / $20.00 -
Psychological round number.

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