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Oil prices fall for 5th consecutive session

Fri 19 Mar 2021, 11:59:22

Oil prices yesterday declined for a fifth consecutive session after official data showed a further increase in U.S. crude and fuel inventories.

Surging Coronavirus cases worldwide also dampened hopes of further demand

recovery.

In intra-day trade, Brent crude prices were trading around 67 dollars and 80 cents per barrel while WTI crude prices were around 64 dollars and 40 per barrel.

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