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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

At the start of 2017, there are two major dynamics at play occurring at the same time, each pushing in opposite directions on the market. It’s a good time to do maintenance on oil fields during production cuts,” Al-Fezaia said, noting that Kuwait will lower output from 2.89 mb/d in December to 2.7 mb/d by the end of January.