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Oil Halts Drop as Response to Paris Attacks Weighed Against Glut

2015-11-16 12:47:01| Oil & Gas - Topix.net

Oil halted its decline near the lowest close in more than two months as investors weighed a global supply glut against heightened geopolitical tension after France bombed Syria in response to terrorist attacks in Paris. Futures rose as much as 0.9 percent in New York after slumping 8 percent last week, the most since March.

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