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Oil drops as Europe approves reserve draws
Oil futures declined today, Friday, after European leaders approved the U.S. President's request to draw from diesel reserves to lower prices and reduce dependence on imported fuel from the United States. Brent crude slightly decreased by 0.06%, reaching $102.25 per barrel, while U.S. West Texas Intermediate fell by $1.76, or 1.90%, to $91.11 per barrel.
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