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Jun 13, 2018 09:10 AM IST | Commodities

Oil prices fall on prospect of rising supplies

Oil prices fell on Wednesday, pulled down by rising supplies in the United States and expectations that voluntary production cuts led by producer cartel OPEC could be loosened.
Brent crude futures LCOc1, the international benchmark for oil prices, were at $75.49 per barrel at 0005 GMT, down 39 cents, or 0.5 percent, from the last close.
US West Texas Intermediate (WTI) crude futures CLc1 were at $65.92 a barrel, down 44 cents, or 0.7 percent from their last settlement.
Published Date: Jun 13th, 2018 09:10 AM | Updated Date: Jun 13, 2018 09:10 AM IST

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