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New York, July 27 (QNA) – Oil prices tumbled at the close of trading on Monday, hitting their lowest levels in more than a week.
Brent crude futures fell by $8.42, or 8.7%, to settle at $88.36 per barrel, their lowest closing price since July 17.
U.S. West Texas Intermediate (WTI) crude futures also declined, dropping $6.70, or 7.5%, to close at $82.61 per barrel. (QNA)
