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Tuesday, 24 May 2016 - 16:07
Oil Prices Fall On Strong Dollar, Firm Global Supply
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Oil prices slipped in Asian trade on a strong dollar and signs that global crude supply is holding up even as volumes hit by unplanned outages rise to at least five-year highs.

In a further indication of abundant supply, the number of rigs operated by U.S. drillers was steady last week for the first time this year.

Brent futures were down 18 cents at 48.54 Dollars a barrel.

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