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US oil down more than two percent because of fears of an oversupply

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Rocky


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US oil down more than two percent because of fears of an oversupply



11.23.2015

Engagements crude oil futures prices fell in early Asian trading on Monday, with US oil falling more than two percent due to continued fears of a global supply glut of oil.
And it dropped the price of West Texas Intermediate crude for January delivery January 78 cents or 1.86 percent to $ 41.12 a barrel by 0340 GMT.
The US crude price has come down to $ 40.96 a barrel earlier in the session near the levels seen on Friday before contracts for December US crude ends.
The price of Brent crude fell to the nearest month maturity in January January 47 cents or 1.05 percent to $ 44.19 a barrel, up from the low level reached during the session and reached 44.04 Dolar.anthy 29/4 e

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