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All Stories: global oversupply

Oil prices drop further on supply, Brexit fears

SINGAPORE: Oil prices tumbled again Wednesday as traders grow concerned about the chances of Britain leaving the European Union while news of a surprise jump in US stockpiles followed a warning of an extended period of global oversupply.

Oil prices rise on expected Russia-Saudi meeting

SINGAPORE: Oil prices rose on Tuesday with Brent breaking past $34 a barrel on expectations that energy heavyweights Russia and Saudi Arabia will discuss the global oversupply issue in a Doha meeting.

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