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Oil prices fell today, hovering near their lowest levels in two months, in light of easing concerns about supply scarcity.
Reuters reported that Brent crude futures fell 21 cents, or 0.3 percent, to $85.20 a barrel, while US West Texas Intermediate crude futures fell 16 cents, or 0.2 percent, to $77.78 a barrel.
Both benchmarks fell more than 3 percent yesterday.
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