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Oil traded flat
This morning, New York crude oil futures for Brent and WTI are trading with little changes. Oil fell the last two days, and now consolidates amid falling US dollar and positive statistics. China (one of the largest consumers of black gold) increased its exports in November by 0.1%, imports - 6.7% compared with the same period last year. Currently, market participants are cautious, waiting for the results of the upcoming OPEC meeting Saturday with non-members of the organization from which the cartel waits cuts of 0.6 million barrels a day.
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