By Henning Gloystein SINGAPORE (Reuters) - Oil prices dipped on Friday as record crude output by the world's top-three producers offset supply concerns from the start of U.S. sanctions next week against Iran's petroleum exports. Front-month Brent crude futures , the international benchmark for oil prices, were at $72.86 per barrel at 0041 GMT on Friday, down 3 cents from their last close.
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Friday, 2 November 2018
Oil under pressure from rising output, but Iran sanctions loom
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