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Monday, 12 October 2015
OPEC sees crude price recovery in 2016 — In June, despite falling prices, the cartel decided to keep the output quota unchanged at 30 million barrels, sending oil prices below $50 a barrel. Brent futures for November were up 27 cents on Monday, trading at $52.92 per barrel. Price for West Texas Intermediate grew by 25 cents, $49.88 per barrel at 1:12pm GMT : RT Business
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