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Oil down 1% as U.S. dollar firms on bets of split White House, Senate

November 05, 2020 Business, Market, Markets-Economic Times

U.S. West Texas Intermediate (WTI) crude futures fell 40 cents, or 1%, to $38.75 a barrel at 0141 GMT, while Brent crude futures dropped 41 cents, or 1%, to $40.82 a barrel. Both contracts had jumped around 4% on Wednesday.

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