International oil prices fell today after the Organization of Petroleum Exporting Countries and a coalition of oil-producing countries, including Russia (OPEC+), were reported to be likely to reach a deal to increase production later this week.
West Texas Intermediate crude for April delivery sank 89 cents to $59.75 a barrel on the New York Mercantile Exchange.
London North Sea Brent crude for May delivery fell 99 cents to $62.70 a barrel.
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