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2022 July 1   09:16

Crude oil futures decrease in response to OPEC+ decisions

Oil prices fell by 0.06%-0.19%

As of 1 July 2022, 08:34 (UTC+3), Brent Crude futures for September settlement were trading 0.06% lower at $108.97 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for August delivery fell by 0.19% to $105.48 a barrel.

The decrease of crude oil futures was facilitated by OPEC+ decision to reaffirm oil production hike.

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