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Oil Prices Decline as US Extends Ceasefire with Iran

New york: Oil prices turned lower on Wednesday, following the US extension of the ceasefire with Iran.

According to Qatar News Agency, Brent crude futures were down 21 cents, or 0.2%, at $98.27 a barrel. West Texas Intermediate futures fell 28 cents, or 0.3%, to $89.39 a barrel.

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