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Oil Drops On Expectations Of Global Supply Increase

Dubai – Massader  News

Oil prices fell on Friday, on expectations of a global supply increase and the price of Brent crude for October delivery fell by 0.3% to $ 73.24 a barrel, according to a report published by Mubasher.

US crude futures for September delivery fell by 0.3% to $ 68.76 a barrel.

Opec oil production is expected to witness its highest level this year, led by Gulf states, according to a Reuters survey.

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