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Reuters Headline Sparks Oil Gain but Fading on Lack of Clarity

OIL

Reuters headline on Saudi cut extension showing no further information at present. Other wires yet to pick up on any news of cut extension announcement by Saudi.

  • Initial price spike starting to pare some of the gains as market waits any further clarity.
  • Brent SEP 23 down -0.3% at 79.64$/bbl
  • WTI AUG 23 down -0.4% at 75.15$/bbl

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