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Oil prices fell today as US President Trump insisted OPEC to lower crude prices. International benchmark Brent crude LCOc1 dipped to $78.67 per barrel. US West Texas Intermediate crude CLc1 dropped to $70.16 per barrel. A meeting of OPEC and other oil producing nations in Algeria is on the schedule this Sunday. The cartel will discuss how to allot supply increments to counterbalance the shortage of Iran crude supplies.
