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Oil prices decrease over demand concerns
July 2, 2019
Source: Reuters

Oil prices decrease over demand concerns

Oil prices declined on Tuesday after a substantial recovery in the previous session. The weak global data led to future demand concerns of the commodity. Brent went down by 0.2% and was traded at $64.91 a barrel. WTI slipped by 0.4% and was traded at $58.84 a barrel. Meanwhile, OPEC's decision to extend the supply cuts continues to support the market.

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