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    Oil settles sharply lower Ani Salama

    Oil prices slumped on Tuesday and continued to pull back from last week’s highs amid resurgence of Brexit concerns and a stronger US dollar.West Texas Intermediate for August delivery fell 4.9% to settle at $46.60 a barrel on Nymex, with a low made at $46.33/bbl.Investors will be watching US crude inventory reports, from API and EIA, which were delayed this week due to the Independence Day holiday. 


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