Oil prices post fourth decline in 5 sessions

Oil prices fell Tuesday, pressured by expectations for further gains in U.S. crude supply and production, with the Energy Information Administration set to provide updated figures on Wednesday. Prices had gained earlier in the session as President Donald Trump’s ouster of Secretary of State Rex Tillerson was seen as a move that would jeopardize the Iran nuclear agreement. April West Texas Intermediate crude fell 65 cents, or 1.1%, to settle at $60.71 a barrel on the New York Mercantile Exchange.

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From:: Stock Market News

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