Market News Briefing – November 2nd 2016 15:00 (GMT+1)


The Oil price falls by more than 3% after the US Energy Agency reported at an increase of 14.4 million barrels of oil production in the week ended Oct. 28, well above the expectations of an increase of 2 million barrels.
The sharp rise output indicates a rise in global oil supply, and therefore the oil prices are down.


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