Oil drops 1 percent as U.S. allows Iran sanctions waivers - Dealers Care

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Saturday, 3 November 2018

Oil drops 1 percent as U.S. allows Iran sanctions waivers

By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices fell about 1 percent on Friday, heading for a weekly loss of over 6 percent, as investors worried about oversupply when the United States said it will temporarily spare eight jurisdictions from Iran-related sanctions.

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