Singapore-Sana
Today, oil prices have fallen from their highest level since 2014 and supply concerns are capping losses.
Reuters reported that Brent crude futures fell 49 cents, or 0.6 percent, to $87.95 a barrel, after falling more than a dollar earlier.
US West Texas Intermediate crude futures for February delivery fell six cents, or 0.1 percent, to $86.90 a barrel, after dropping by about $1 earlier.
The West Texas Intermediate crude contract for the month of February expires today, while the value of the most traded contract for March delivery reached $85.41 a barrel, down 0.5%.
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