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Oil Prices Fall on Expectations of Increased Russian Supply

Oil Prices Fall on Expectations of Increased Russian Supply

Karachi (Business Desk): Oil prices in the global market have declined amid expectations of increased crude oil supplies from Russia.

According to the British news agency, Brent crude fell by $1.37, or 1.31%, to $103.35 per barrel.

Similarly, the price of US West Texas Intermediate (WTI) crude dropped by $1.30, or 1.42%, bringing it down to $90.55 per barrel.