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Oil falls from $40 as doubts emerge over next step on OPEC cuts

Oil fell on Wednesday after jumping for awhile above $40 a barrel, the highest since March, then retreating as doubts emerged about the timing and scale of a potential extension to the pact between OPEC and its allies to cut crude supplies.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300