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Oil prices fell in the international market on Monday, as concerns of an economic slowdown offset supply cut from OPEC and US sanctions. Benchmark Brent crude oil futures dipped 0.8%, to $66.52 per barrel. US WTI crude futures dropped 1.1% and were priced at $58.42 per barrel. As 10-year treasury yields touched early 2018-lows, an impending recession has gained potential in the US.