Oil Prices Steady After Falling To More Than One-Week Lows - Dollar Advisory | Best Commodity Tips Provider

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Oil Prices Steady After Falling To More Than One-Week Lows

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Oil steadied after falling more than 3 percent overnight, with US crude trailing Brent after US inventory data fell short of expectations, amid conflicting signals from the US and Iran over the disputes that have roiled prices recently. Brent crude futures were up 16 cents at $64.51, or 0.3 percent. They ended 3.2 percent down the previous session, after falling to the lowest since July 5. Tensions between the United States and Iran over Tehran's nuclear program have lent support to oil futures, given the potential for a price spike should the situation deteriorate. 

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