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Home Forex WTI Oil falls to $70 as OPEC production rumors and reduced China demand weigh
Forex

WTI Oil falls to $70 as OPEC production rumors and reduced China demand weigh

West Texas Intermediate (WTI), the US crude Oil benchmark, is declining sharply into the $70.50s, down over 4.0% on Tuesday, as rumors of OPEC+ production cuts and concerns around slowing China demand weigh on the black gold.

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