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Oil prices decline

Oil prices fell in Friday’s trading as concerns over supply disruptions eased and the likelihood of a U.S. military strike against Iran receded.

Brent crude futures for March delivery fell by 0.28% compared to the previous session’s close, reaching $63.58 per barrel.

Meanwhile, U.S. West Texas Intermediate (WTI) crude futures for February delivery dropped by 0.24% to $59.05 per barrel.


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