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WTI & Brent trade $0.15 or so lower at..........>

OIL: WTI & Brent trade $0.15 or so lower at writing, after struggling for most
of the overnight session, threatening the major benchmark's recent run of gains.
- RTRS sources reported that "Iran will see its crude exports severely curtailed
for a third month in January as it is struggling to find new buyers amid fresh
U.S. sanctions even though its traditional customers secured waivers."
- Crude rose modestly Thursday, with little in the way of headline catalysts
noted as traders focused on the recent inventory data & soothing OPEC rhetoric.
- Baker Hughes rig count data will hit later today.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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