Oil eases below $49 after reaching six-month high
By Alex Lawler LONDON (Reuters) - Oil slipped from a six-month high to trade below $49 per barrel on Tuesday after a deal between Libyan factions brought higher output a step closer, although outages in Nigeria and Canada lent support. Most of the OPEC member's output is offline because of conflict. Profit-taking by some investors could be prompting some weakness in prices on Tuesday, but further price gains are likely given the supply losses, Commerzbank said.
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