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Oil prices fall on expected climb in U.S. production

Oil prices fall on expected climb in U.S. production

Tuesday, April 18, 2017, 1:14 PM

Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as four days and as a U.S. government report indicated rising production. Benchmark Brent crude futures were down 9 cents at $55.27 at 0058 GMT. They ended a quiet session on Monday down 53 cents at $55.36, after rising the three previous weeks.
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