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ICBC Global Market: Oil and Other Commodities Market Update - October 12, 2017
 

Oil prices rose on Wednesday as the growth of U.S. shale oil output slowed in the first half of 2017, while the monthly bulletin of the Organization of the Petroleum Exporting Countries showed high compliance of its output cut pact. Front-month U.S. West Texas Intermediate crude futures rose 0.16 percent at $51.02 a barrel. Front-month Brent crude futures ended up 0.21 percent to $56.67 a barrel. The spread between the two benchmarks stood at $5.65 a barrel.

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(2017-10-12)
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