Oil dips on signs of ample supply despite OPEC cuts, Iran sanctions
Updated : May 17, 2018 08:06 PM IST
Brent crude futures were at $78.17 per barrel at 0210 GMT, down 26 cents, or 0.3 percent, from their last close.
U.S. West Texas Intermediate (WTI) crude futures were at $71.02 a barrel, down 29 cents, or 0.4 percent, from their last settlement.
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