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Oil hovers near four-year highs as Saudi, Russia agree supply rise

October 4, 2018 By The Iran Project Leave a Comment

Reuters – Oil held near four-year highs on Thursday, supported by the imminent loss of Iranian supply through U.S. sanctions, but also tempered by the prospect of a rapid production boost from Saudi Arabia and Russia. Brent crude oil futures LCOc1 were down 19 cents at $86.10 a barrel by 1133 GMT, having risen to […]

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