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Oil prices fell 1.06 dollars per barrel on Friday
Brent crude fell $ 1.06, or 1.7 percent, to settle at $ 61.63 a barrel on Friday, while US WTI crude fell $ 1.37, or 2.5 percent, to settle at $ 52.64 a barrel.
Observers attributed that to the impact of the demand on trade fears between the United States and China, which is expected to continue in addition to other expectations that the oil-producing countries will not commit to the production cuts agreed last year, as well as expectations of slowing global demand growth this year.
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