Oil prices down almost $1 in early trading - Reuters

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• Oil prices down almost $1 in early trading

  Oil prices fell sharply by nearly $1 on Monday, marking a significant decline from their recent high of nearly six months. U.S. crude futures dropped 99 cents, or 0.96%, to $102.28 per barrel by 23:15 GMT, while Brent crude futures fell 93 cents, or 0.8%, to $115.79. The price change was primarily attributed to increased concerns about energy supply following attacks on Saudi Arabia, a major producer of crude oil.

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