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Oil falls after Trump criticises OPEC for artificially high prices

Updated : April 20, 2018 07:55 PM IST

Brent crude oil futures were at $73.01 per barrel at 1357 GMT, down 77 cents from their last close. U.S. West Texas Intermediate crude futures were down 56 cents at $67.73 a barrel.
The United States cannot legally influence oil other than through releasing oil from its strategic reserves which it has done occasionally, most recently last year in the wake of Tropical Storm Harvey.
OPEC Secretary-General Mohammad Barkindo said members were friends of the United States and have a vested interest in its growth and prosperity.
Oil falls after Trump criticises OPEC for artificially high prices

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