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CRUDE OIL LATEST NEWS UPDATE BY WWW.BIGPLAYERCOMMODITY.COM

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The market is facing different questions -- Is global demand slowing due to weakening worldwide economic growth, will U.S. production keep up its incredible pace, will output in Venezuela keep plummeting, what will U.S. sanctions do to Iranian production, and is OPEC really willing to raise output up to 1 mbpd!" Frank Schallenberger, head of commodity research at LBBW, said.

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