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Oil market braces for volatility as supply glut fears drag Brent to 9-month low

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Oil market watchers are expecting further price volatility in the coming weeks after crude futures slid dramatically to a nine-month low on bets that disruptions to Libyan supplies will be short-lived with exports returning to the market sooner than expected. Crude futures extended losses in European trading hours Sept. 4 after slumping to their lowest ...

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