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Oil Falls From 2015 Highs  on Record
Energy

Oil Falls From 2015 Highs on Record

Oil prices eased off 2015 highs on Friday after Iraq said its crude oil exports hit a record in April, and prices were pressured also by a stronger dollar, Reuters reported. Brent and US crude rallied between 20 and 25 per cent in April, helped by a weaker dollar and bets that a global supply glut would ease, following the June-to-January sell-off that halved prices from above $100 a barrel.

 

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