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                                                      (Oil prices pushing higher, WTI seeking $69)

  • Oil barrels are drifting higher as US oil rig counts decline for a secondtime.
  • Saudi Arabia produced much less oil per day than expected, especially considering OPEC was supposed to be lifting barrel counts.
Crude Oil prices are catching some lift in the week's early trading, with WTI barrel prices pushing over the 68.75 level as Saudi output begins to slide while US drilling efforts stall out.

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