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.
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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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