Oil prices fell early on Tuesday with Brent breaking below the $75 threshold as concerns about global oil demand continued to trump Libya’s production decline. As of 9:21 a.m. EDT on Tuesday, Brent Crude had slumped by 3.47% at $74.79. The U.S. benchmark, WTI Crude, was down by 2.98% on the day to trade at $71.30. Signals from OPEC+ sources that the group would proceed with a gradual easing of the cuts in October have already depressed oil prices and market sentiment at the end of last week. At the start of this week, oil remained under pressure…
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