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LoginOil Prices Fall as Shipping Resumes Through Strait of Hormuz
Singapore, June 26 (QNA) - Oil prices fell by nearly 2 percent on Friday and were on track for sharp weekly losses as concerns over supply disruptions eased following the resumption of shipping through the Strait of Hormuz.
Brent crude futures dropped by USD 1.50, or 1.99 percent, to USD 73.76 a barrel.
US West Texas Intermediate (WTI) crude futures declined USD 1.49, or 2.07 percent, to USD 70.43 a barrel. (QNA)
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