Crude Oil Falls to $49 as Output from Opec Rises

Crude Oil Falls to $49 as Output from Opec RisesGold Silver Reports — Crude Oil Falls to $49 as Output from Opec Rises — Oil fell towards $49 a barrel, pressured by high output from Middle East Opec members and as a stronger US dollar weighed on commodities. Brent crude was 85 cents lower at $49.07 a barrel at 1323 GMT. The global benchmark is down more than 7% from its 2016 peak of $52.86 reached on June 9. — Neal Bhai Reports

Crude Oil Falls to $49 as Output from Opec Rises

Gold Silver Reports — Crude Oil Falls to $49 as Output from Opec Rises — Oil fell towards $49 a barrel, pressured by high output from Middle East Opec members and as a stronger US dollar weighed on commodities.Brent crude was 85 cents lower at $49.07 a barrel at 1323 GMT. The global benchmark is down more than 7% from its 2016 peak of $52.86 reached on June 9. — Neal Bhai Reports

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