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Crude Futures Hug Narrow Range

OIL

Oil moved in a narrow range in Asia on Thursday, WTI is up $0.13 from settlement levels at $63.49/bbl, Brent is down $0.01 at $66.45. Crude declined on Wednesday as markets assessed the impact of additional supply from Iran as nuclear deal negotiations continue, while the prospect of additional supply from OPEC+ in coming months also weighed.

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