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Recession fears pressure world oil prices

(MENAFN- Al Wakeel News) News Agent – Recession fears and a rising dollar pressured early trading in oil contracts, Friday, although losses were limited due to supply concerns after a new public mobilization campaign in Russia and an apparent faltering in talks to revive the Iran nuclear deal. advertisement
Brent crude futures fell 41 cents, or 0.5%, to $90.05 a barrel, and West Texas Intermediate crude futures fell 30 cents, or 0.4 percent, to $83.19 a barrel.
Brent crude oil prices fell 1.5%, while West Texas Intermediate crude prices fell 2.3% this week. (Sky News)

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