FILE PHOTO: Flames emerge from flare stacks at the oil fields in Basra, Iraq, January 17, 2017. REUTERS/Essam Al-Sudani/File Photoi
Gavin Wendt, founding director and senior resource analyst at commodity research firm MineLife, said: “The world oil market is very much in wait-and-see mode, which is why the price has remained in the mid-US$50s per barrel range since mid-December.” - Reuters
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