Oil prices drifted on Monday after Brent crude hit US$50 a barrel and U.S. crude reached three-month highs as traders weighed weaker stock markets and a strong dollar against OPEC’s first planned output cut in eight years.
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Oil prices drifted on Monday after Brent crude hit US$50 a barrel and U.S. crude reached three-month highs as traders weighed weaker stock markets and a strong dollar against OPEC’s first planned output cut in eight years.
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