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Friday 29 June 2018

Oil prices ease on global trade frictions, but market remains tight

Oil prices ease on global trade frictions, but market remains tight

29 June 2018, Singapore — Oil prices fell on Friday amid concerns about trade frictions between the United States and other major economies, although crude market conditions remain tight due to supply disruptions and generally high demand. U.S. West Texas Intermediate (WTI) crude futures were at $73.06 a barrel at 0209 GMT, down 39 cents, …

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