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Oil prices steady after one-week high on prospects of supply from Iran; Brent crude at $68.40 per barrel


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Oil prices steady after one-week high on prospects of supply from Iran; Brent crude at $68.40 per barrel
Brent crude futures were down 6 cents at $68.40 a barrel by 0039 GMT, having jumped 3% on Monday. U.S. West Texas Intermediate futures fell 8 cents to $65.97 a barrel, after gaining 3.9% the previous session
Reuters | May 25, 2021 | Updated 09:25 IST
Oil prices were steady on Tuesday, holding around one-week highs after jumping more than 3% the previous session as prospects of an early return of oil exporter Iran to international crude markets lessoned.
Brent crude futures were down 6 cents at $68.40 a barrel by 0039 GMT, having jumped 3% on Monday. U.S. West Texas Intermediate futures fell 8 cents to $65.97 a barrel, after gaining 3.9% the previous session. ....

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