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Oil prices take a dip
July 2, 2018

Oil prices take a dip

Oil prices, today, fell on the news of a Reuters’ survey confirming supply boost from Saudi Arabia to a near-record 10.7 million bpd. Brent crude oil futures were traded at $78.52 per barrel, down by 0.9%. WTI crude futures were down 1%, priced at $73.44 a barrel, after climbing more than 8% last week. Oil market has remained in stress, in spite of the superficial supply relief from Saudi Arabia.

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