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Transaction data show that the world oil prices are dropping at the London and New York stock exchanges.

Accordingly, the June Futures’ Light Sweet Crude Oil (WTI) has gone down by 0.34 percent and totaled $49.16 per barrel, at the New York Mercantile Exchange (NYMEX).

And the July Futures’ Brent Crude Oil has reduced by 0.49 percent and reached $49.06 per barrel, at the London ICE Futures stock exchange.

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