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Oil settles lower
HOUSTON: Crude futures finished down after European leaders agreed to US President Donald Trump’s request to release diesel reserves to lower prices and reduce fuel imports from the US. Brent settled down 6 cents, or 0.06 percent, at USD102.25 a barrel. WTI finished down USD1.76, or 1.90 percent, at USD91.11 a barrel. For the week, Brent was up 0.11 percent with WTI 1.6 percent lower. European Union countries agreed to a French proposal to release additional diesel stockpiles, a source familiar with details of the discussion told Reuters. READ MORE: Oil prices drop as Europe agrees to release ...
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