Oil prices fall in international market

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Oil prices fell over one per cent on Thursday amid persistent demand worries as Europe faces a surge of Coronavirus infections and a slow vaccination roll out.

Brent crude for May settlement fell by 86 cents, or 1.3 per cent, to 63.55 dollars per barrel, after having jumped as much as 6 per cent on Wednesday.U.S. West Texas Intermediate crude futures were down 98 cents, or 1.6 per cent, at 60.20 dollars, after climbing 5.9 per cent the previous day.

 

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Thank God... may it be reduced to $32/barrel, as the lower the price of crude the lower the price of petrol in our country.

Hnm! God help this country.

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