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- Oil fell in early trading
Oil fell in early trading
This morning, New York crude oil futures for WTI fell by -0.45% to $ 41.77 and Brent oil futures were down -0.54% to $ 44.06 per barrel. Thus, the black gold is trading lower due to fears of exacerbated oversupply of raw materials on the market, while analysts forecast a likely decrease in imports from China. According to traders, the markets experienced new pressures due to excess production of oil and petroleum products.
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