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Oil slips to around $63 as Iran concerns fade for now
[JerusalemPost] Brent crude fell 5 cents to $63.21 a barrel by 1334 GMT on Tuesday.U.S. West Texas Intermediate crude was up 16 cents at $56.38. "The response of oil prices to the seizure of a British oil tanker by armed Iranian forces near the Strait of Hormuz has been amazingly muted so far," said Carsten Fritsch, analyst at Commerzbank. Posted by: trailing wife 2019-07-24 |
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