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Oil Weakened on OPEC's Probable Further Supply

Exclusive Capital Ltd.

Oil dropped amid the OPEC members likely considering an additional agreement on the supply to worldwide markets delivering on a daily basis 300,000 to 600,000 barrels.

Oil WTI Crude to $65.33 a Barrel
Crude oil WTI Futures for delivery in August traded to $65.33 a barrel declining 0.55%, and the Brent Oil Futures approached the $74.83 per barrel falling 0.68%.

The Shanghai Crude Oil WTI Futures for delivery in September reached the 459.40 yuan per barrel decelerating 1.9%.

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Source: https://www.exclusivecapital.com/oil-weakened-on-opecs-probable-further-supply/
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