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Market issues pull down the prices
Oct. 11, 2018
Source: Reuters

Market issues pull down the prices

Oil prices declined significantly on Thursday due to rise in US crude inventories more than what was expected. Extended big losses from the past and collapsed global stock market had their effect on the prices. Brent crude fell down by 1.5%, at $81.87 a barrel and WTI crude went down by 1.4%, at $72.17. The prices slipped because of the ease in supply worries as well.

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