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WTI Crude Rebounds From Five-Year Low Amid OPEC Competition
Bloomberg Brent and West Texas Intermediate fell to a five-year low as Iraq followed Saudi Arabia in cutting prices for crude sales to Asia, adding to signs that OPEC's biggest members are defending market share. Futures dropped as much as 1.4 percent in London to … The Drop In Oil Prices Could Save Coal Companies Hundreds Of Millions Iraq Follows Saudi Arabia With Deeper Crude Discounts for Asia Brent crude oil hits five-year low below on oversupply |