Face value for OPEC deal lifts oil prices

Face value for OPEC deal lifts oil prices New York (UPI) Jan 17, 2017 - The outlook for a sustained price point for crude oil prices in the mid-$50 range offset questions about OPEC commitments to send markets higher early Tuesday. Crude oil prices sank lower in trading Monday softened by a federal holiday in the United States. Saudi Arabia said it might not need to extend a production agreement deep into 2017 just as most of the parties to a November deal ... more

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