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Oil slid on stronger dollar, OPEC+ deal prospect

Oil slid on stronger dollar, OPEC+ deal prospect



International benchmarks for crude oil slid to four weeks low on Thursday, 15 July 2021 on the back of the strengthening US dollar while traders are monitoring the OPEC+ alliance to set the date to officiate the lifting of production output. 

Brent fell $1.29 to $73.47/barrel for September delivery.

WTI for August fell $1.48 to $71.65/barrel.