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Crude oil settled lower on stronger US dollar and higher supply expectationsCrude oil settled lower on stronger US dollar and higher supply expectations |
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International benchmarks for crude oil settled lower on Friday, 26 February 2021 on the back of strengthening US dollar and expectations that OPEC+ would decide to increase output in the meeting next week in response to higher prices.
Brent fell $0.75/barrel or 1.13% to $66.13/barrel.
WTI fell $2.03/barrel or 3.3% to $61.50/barrel.
