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Oil holds steady as rising US rig count offsets Iran sanctions worries

Updated : October 22, 2018 08:13 AM IST

Front-month Brent crude oil futures LCOc1 were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week.
US West Texas Intermediate (WTI) crude futures CLc1 were at $69.07 a barrel, 5 cents below their last settlement.
US sanctions against Iran’s oil exports will start on November 4.

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