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With the slow revival of Libyan ports and amidst hopes of continued export from Iranian crude despite U.S. sanctions, oil prices fell today by 1%. Brent crude LCOc1 was down by 1.3%, traded at $73.45 a barrel, directed towards a weekly fall of around 4%. WTI crude CLc1 was priced at $70.11 a barrel, set for a weekly decline of around 5%.
