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Oil prices fall

The Address | Benghazi – Libya

SINGAPORE – Oil prices fell on Monday as the sanctions imposed by the United States on Iran’s fuel exports relaxed and entered into force.

Brent crude was $ 72.47 a barrel, down 36 cents, or 0.5 percent, from the last closing price.

US WTI fell 35 cents, or 0.6 percent, to $ 62.79 a barrel.

The crude has lost more than 15 percent of its value since early October.

 

Source: Reuters

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