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Oil prices drop on rising US crude supply, but OPEC cuts support – Daily TrustOil prices fell on Thursday after U.S. crude inventories rose and the country’s production held at record levels, but OPEC-led supply cuts and Washington’s sanctions against Venezuela supported markets. U.S. West Texas Intermediate (WTI) crude futures were at 53.66 dollars per barrel at 0744 GMT, down 35 cents, or 0.7 per cent , from their …
Source: Daily Trust - 🏆 13. / 51 Read more »