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Oil prices retreat amid concerns about dollar price

by Norhan Adel
crude oil

Oil prices have decreased Monday amid anticipations about the Federal Reserve’s upcoming meeting and decisions.

Brent crude reached $84.76 a barrel while U.S. West Texas Intermediate rose to $80.83 a barrel.

The two crudes have been increasing for the previous four weeks consecutively. Investors are bidding the Federal would raise interest rates again next May.

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