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Oil prices rebound on lower output from US, Russia, OPEC

Updated : October 01, 2019 09:02:09 IST

Oil prices rebounded in early Asian trade on Tuesday after production at the world’s largest oil producers fell in the third quarter.
Oil prices are likely to remain steady, with Brent averaging $65.19 a barrel and WTI $57.96 in 2019, as flagging demand outweighs supply shocks, a Reuters survey showed.
December Brent crude futures rose 44 cents, or 0.7 percent to $59.69 a barrel by 0202 GMT.
Published : October 01, 2019 08:25 AM IST

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