04.11.2014 - US oil ends below $79 after brief spike amid supply fears
Global oil prices reversed a rally on Monday, with benchmark Brent returning to the red after a big hike in Saudi Arabia's monthly export prices was viewed as a signal OPEC's largest producer may be seeking to curb output. State oil firm Saudi Aramco said it would raise the price of its flagship Arab light crude in December for customers in Asia and Europe, reversing some price cuts the previous month. It will cut prices for U.S. buyers...............................................Full Article: Source
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