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MARKETS

First cut is the deepest

OIL markets wary of the US, Canada and Brazil and eyeing doggedly high inventories remain hawkish despite record production cuts by OPEC ahead of the cartel’s breakdown of how each member complied with the deal, due today.

Anthony Barich
First cut is the deepest

Brent crude dropped from $US56.70 last Friday to $56.62 this morning, as concerns remain about the impact of OPEC's cuts despite more detail expected today from the cartel.   The International Energy...

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