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INTERNATIONAL OIL PRICES FALL DESPITE CONCERNS OVER OPEC CUT.
SEOUL, April 1 Asia Pulse - Crude oil prices fell on international markets although the Organization of Petroleum Exporting Countries (OPEC) decided to cut daily production, South Korea's state-run oil corporation said today.
According to the Korea National Oil Corp. (KNOC), prices of West Texas Intermediate (WTI) crude oil stood at US$35.73 per barrel, down US$0.46 from the previous day. International benchmark Brent traded at US$32.17 per barrel, down US$0.91 from the previous session.
By contrast, Dubai crude rose 64 cents to US$31.13 per barrel, ...
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Source: HighBeam Research, INTERNATIONAL OIL PRICES FALL DESPITE CONCERNS OVER OPEC CUT.