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Oil Down Amid Demand Concerns

M. Ali 14 September, 2020 11:33 pm Commodities, Market Update

Oil prices fell on Monday, due to concerns and negative expectations for the global demand outlook.

The global benchmark Brent crude futures settled lower by 22 cents, or 0.6%, at $39.61 per barrel.

Meanwhile, the US West Texas Intermediate (WTI) crude futures closed lower by 7 cents, or 0.2%, at $37.26 a barrel.

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