CRUDE OIL NEWS UPDATED BY POWERCOMMODITY

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Tanvi Awasthi

Oil costs were blended on Tuesday, constrained by concerns the heightening Sino-U.S. exchange debate could moderate the worldwide economy, while U.S. endorses on rough exporters Iran and Venezuela helped keep the market nervous.

Brent raw petroleum fates were at $71.28 per barrel at 0443 GMT, 4 pennies over their last close.

U.S. West Texas Intermediate (WTI) rough fates were at $62.44 per barrel, 18 pennies, or 0.3 percent over their last settlement.

Brokers said costs were weighed by slowing down exchange talks between the United States and China would burden worldwide financial development and imprint fuel utilization.

 

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