Market Weekly: July 24-28-2017

25 Jul '17 at 9:57 am #10543

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Oil futures are on the rise again today on new hopes for market balance, a day after an OPEC meeting that drew promises from Saudi Arabia and Nigeria to cut back on exports and production.

Light sweet crude is up 0.6% in Globex electronic trading, to $46.62/barrel, and Brent crude is up 0.6% to $48.87 in London trading.

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