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Oil prices have taken a dip amidst rising supply of crude from US and Russia. Brent crude futures were at $76.37/barrel, down by 0.1%, while WTI crude futures were down by 0.2 percent, at $65.62/barrel. Analysts are expecting that OPEC's decision to withhold production, which has been in place since 2017 and helped push up prices significantly this year, can be offset due to increasing US and Russian oil output.
