Oil prices fell today over fresh worries about the eurozone’s economic health, as data revealed a sixth straight monthly drop in the private sector, with a fall in manufacturing activity Germany and France.
Brent crude fell by 55 cents to $102.87 a barrel while US crude dropped by 66 cents to $87.84, as crude stocks rose by 1.3 million barrels last week.
Prices were also affected by concerns of supply disruptions in the Middle East and slowing manufacturing activity in the US in July, reports Reuters.
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