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Crude Prices Fall Due to Investors’ Fear of Oversupply
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Oil prices fall by around 2% this Tuesday, although they have gone back more than 3% during the session, because of the fear of investors to oversupply following increases in production by OPEC+, an organization that brings together OPEC members and other oil powers like Russia. Brent, the reference crude oil in Europe, has lost the level of $60 per barrel and has fallen to $58.72, the lowest level since May, when it reached $58.5. At 18:00 hour…
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