Showing posts with label libia. Show all posts
Showing posts with label libia. Show all posts

Oil prices fall on increased Opec output hopes

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Oil prices have fallen on hopes that the Opec cartel of oil producers might be about to boost production for the first time in two years.

US light crude was down $1.61 at $103.84 a barrel, while Brent crude was down 85 cents at $114.19 a barrel.

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