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Oil Set for Third Monthly Drop as U.S. Rig Count Gains Amid Glut

2015-08-31 09:08:42| Oil & Gas - Topix.net

Oil headed for a third monthly decline as U.S. drillers showed no signs of letting up even as a supply glut persists. Futures fell as much as 2 percent in New York after the biggest two-day rally since 2009.

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