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Oil slips as Asia poised for highest crude imports since US-Iran war
Oil prices fell on Thursday as traders digested a report suggesting Asia is set to import its highest volume of crude oil since the start of the US-Iran war, according to CNBC Markets.
CNBC World also linked the move lower to expectations that Asia’s crude purchasing will reach the highest level in that period, shifting supply demand balance in the near term.
Latest closeWTI crude $91.79 ▼3.0%
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