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International oil prices go down amidst concerns of over-supply and global economic crisis

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December 20, 2018 (MLN): Oil prices fell on Thursday to eradicate most of the gains made in the previous session amidst worries about oversupply and the outlook for the global economy.

The U.S. crude contract has dropped by around $1.12 to $47.107 per barrel, whereas International benchmark Brent crude futures were down by over $1 at $56.34 per barrel.

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Posted on: 2018-12-20T12:16:00+05:00

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