


| Oil rally stalls near $53 after cold weather surge, Saudi cuts |
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Oil in New York was steady, after frigid temperatures and Saudi Arabia’s promised output cuts helped push prices to a 10-month high. Futures traded near $53 a barrel after snapping a six-day gain on Wednesday. There are signs that physical markets are softening in Asia, with Abu Dhabi’s Murban crude....
Posted: 2021-01-14 14:46:00
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