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Tuesday, 28 June 2016

MCX Trading Tips with Crude Oil News Update

Oil prices rise on looming Norway strike; Brexit still weighs

Crude Oil
Oil prices rose in early trading in Asia on Tuesday as a looming strike in Norway threatened to cut output in western Europe's biggest producer, although Britain's vote to leave the European Union was still weighing on markets. About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from the North Sea's top producer, if a new wage deal is not agreed before a Friday deadline.

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