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Crude oil prices extend decline, reach pre-US-Iran war level; Brent slips to $73 per barrel (opens original article in a new tab)

TL;DR

Crude oil prices fell to pre-US-Iran war levels as Brent slipped to $73 per barrel amid reduced supply disruption fears and increased crude supply.

  • Brent crude futures fell 0.54% to $73.34 per barrel
  • Oil prices declined as US-Iran peace talks reduced supply disruption fears
  • Increased crude supply from Middle East and other regions weighed on prices

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