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Oil Prices Extend Declines Ahead OPEC Meeting -- Market Talk

24 Jul 2017 12:31 am

0031 GMT - After falling by more than 2% on Friday, crude futures start the week modestly lower in Asia despite continued declines in the US dollar. That as a tanker-tracking data firm says OPEC's daily output is surpassing 33 million barrels this month. In the cartel's meeting today, it is set to review members' compliance to the production caps and discuss the possible inclusion of Nigeria and Libya into the plan. September WTI and Brent are both down 0.3% at $45.64 and $47.92/barrel, respectively. (jenny.hsu@wsj.com; @jen1113)

(END) Dow Jones Newswires

July 23, 2017 20:31 ET (00:31 GMT)

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