This morning New York WTI crude oil futures fell 1.58% to $ 45.57 and Brent oil futures fell 1.22% to $ 47.73 per barrel. Thus, the black gold is traded lower on the background of concerns about the increase in drilling activity in the US, as well as profit taking. According to experts, the fall in prices shows that the increasing drilling activity in the US still remains a cause for concern, despite the fact that oil quotes finished the Monday session in positive territory on the background of dollar weakness.
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