14-11-2016 17:56 via uk.news.yahoo.com

Oil falls to three-month lows as gloom grows over OPEC

By Scott DiSavino NEW YORK (Reuters) - Oil fell more than 2 percent to its lowest in three months on Monday, as the prospect of another year of oversupply and weak prices overshadowed chances OPEC will reach a deal to cut output. Donald Trump's surprise win in last week's U.S. presidential election boosted the dollar and stocks but undermined oil.
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