Economic news

Review: Oil prices fall on doubts over OPEC supply reduction

Oil prices fell on Friday as the markets were concerned about how effectively OPEC's reduction in production affects the global excess supply.

Brent crude oil dived 0.19% to $51.64 per barrel.

The price of oil WTI dropped 0.06% to $48.72 per barrel.

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    This unstable situation with OPEC's supply reduction has a bad influence on the oil prices.

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