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Oil prices dipped down in the international market on Friday, as the market remained in stress over threat to global economic growth. International benchmark, Brent crude futures dropped 0.1% to $63.25 per barrel. US WTI crude futures dipped by 1.1% to $56.72 per barrel. Worries over future demand amidst trade disagreements threatened global economic growth. However, OPEC-led supply cut commitment maintained a check on further losses.
