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Crude oil fell on vaccine suspension concern

Crude oil fell on vaccine suspension concern



International benchmarks for crude oil inched lower on Tuesday, 16 March 2021 after several European countries suspended the use of a major COVID-19 vaccine, threatening the demand prospect.

Brent closed 49 cent lower or 0.72% to $68.39/barrel.

WTI loses 59 cent or 0.91% to $64.80/barrel.