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Oil Prices dip over IMF's global growth forecasts
Oct. 10, 2018
Source: Reuters

Oil Prices dip over IMF's global growth forecasts

Crude oil prices in the international market crawled back today after the IMF lowered global growth forecasts. Brent crude futures were down to $84.98 per barrel. WTI crude was down by 0.2%, at $74.8 a barrel. The prices were, however, supported by the news of Hurricane Michael churning towards Florida, halting nearly 40% of US Gulf of Mexico crude output.

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