Oil prices fell 2.8% due to a possible increase in OPEC production and a disappointing US labor market report.
Delia Niculescu
International
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Brent crude oil prices fell 2.85% to 69.66 dollars a barrel and WTI lost 2.83% to 67.31 dollars a barrel amid fears that OPEC could increase production. In addition, a US Labor Department report showed lower-than-expected job growth, heightening concerns about energy demand. New trade tariffs imposed by Trump could also affect global oil flows, especially Russian exports.
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