Oil prices fall as US crude output hits record 12 million bpd

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SINGAPORE (Reuters) - Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten global markets.

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SINGAPORE (Reuters) - Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten global markets. https://ift.tt/eA8V8J

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